Evergreen Upgrades its Intra-Asia Service Network

Posted by Eric Haun
Tuesday, September 02, 2014

Evergreen Line announced it will partner with Mariana Express in launching a joint South China- East Malaysia (SEM) Service. The new initiative will give a boost to the service offered to shippers on this important sector of the Intra-Asian trade, the liner company said.

The SEM service will employ two ships with around 1,000 TEU capacity each. Sailings will be weekly and follow the port rotation: Shekou - Hong Kong - Kota Kinabalu (Malaysia) - Muara (Brunei) - Bintulu (Malaysia) - Shekou. The first sailing is planned to depart from Shekou on September 10.

As part of its ongoing efforts to improve network connections in this region, Evergreen Line will also take space on Interasia Lines' Singapore - Yangon (Burma) - Malaysia (SYM) service based on a slot swap arrangement. Providing Evergreen customers with an additional feeder connection to Yangon, the SYM loop will call at Singapore, Yangon, Port Klang, Yangon and then back to Singapore.

The ASEAN countries, made up of South-east Asian states, boast some of the world's highest forecast rates of economic growth currently. In 2014, the ASEAN economy as a whole looks set to grow by 4.6% and for 2015 the estimate is 5.6% growth according to the IMF's World Economic Outlook report published in July.

The ASEAN community recently set as a priority the successful conclusion of negotiations with China, Japan, South Korea, India, Australia and New Zealand to establish the Regional Comprehensive Economic Partnership (RCEP). It is believed that this significant development will further encourage free trade and have the effect of driving cargo growth within the Intra-Asia trade.

evergreen-line.com
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

No Clues on Hanjin's Financial Health

Cash-strapped Hanjin Shipping Co. sources say that the negotiations with tonnage providers for lower rates are undergoing, but wouldn't say much else.   According to Korea Herald, the country's No.

DP World's H1 Volumes Rise

Ports operator DP World reported on Tuesday first-half 2016 gross container volumes up 1.2 percent on a like-for-like basis and up 2.5 percent on a reported basis.

Samil PwC Okays Hyundai's Management Improvement Plan

Hyundai Heavy Industries (HHI) is notified by Samil PwC, a local member of the global accounting firm PwC, that its 3.5 trillion won worth management improvement

Container Ships

New Container Facility at Krishnapatnam Port

Krishnapatnam Port, India's largest all-weather; deep water port on the east-coast of India has inaugurated CONCOR’s - Port Side Container facility – a Government of India undertaking.

DP World's H1 Volumes Rise

Ports operator DP World reported on Tuesday first-half 2016 gross container volumes up 1.2 percent on a like-for-like basis and up 2.5 percent on a reported basis.

DP World's H1 Gross Volumes up 1.2%

DP World Limited handled 31.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first half of 2016, with gross container volumes growing by 2.

News

No Clues on Hanjin's Financial Health

Cash-strapped Hanjin Shipping Co. sources say that the negotiations with tonnage providers for lower rates are undergoing, but wouldn't say much else.   According to Korea Herald, the country's No.

NASSCO Delivers Garden State to APT

Marking its seventh ship delivery in the span of just over a year, General Dynamics NASSCO has delivered the newly built ECO Class tanker Garden State for American Petroleum Tankers.

Long Beach Awards Sovcomflot for Green Shipping

PAO Sovcomflot earned the Green Environmental Achievement Award from California's Port of Long Beach, recognizing the shipper for its ongoing commitment to environmental stewardship.

Logistics

Maersk Line Offers Easiest shipping from India to Africa

Do you want to reach key markets in East Africa faster than ever before? Maersk Line claims to offer 50 years of expertise in the African trade.    The Mawingu Express,

No Clues on Hanjin's Financial Health

Cash-strapped Hanjin Shipping Co. sources say that the negotiations with tonnage providers for lower rates are undergoing, but wouldn't say much else.   According to Korea Herald, the country's No.

New Container Facility at Krishnapatnam Port

Krishnapatnam Port, India's largest all-weather; deep water port on the east-coast of India has inaugurated CONCOR’s - Port Side Container facility – a Government of India undertaking.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Salvage Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1009 sec (10 req/sec)