Long-haul vision blurred, intra-Asia carriers move into ship-chartering
Small and mid-sized intra-Asia carriers that ordered large newbuildings to enter long-haul trades during the ...
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
RCL has announced the November launch of a Far East-Africa (REA) shipping service, the first direct link between Qingdao and Dar Es Salaam.
The 56-day rotation is Qingao, Shanghai, Ningbo, Nansha, Port Klang, Mombasa, Dar Es Salaam, Port Klang, Qingdao.
An RCL spokesperson said: “East Africa expansion is always in our pipeline,” but added: “We do have plans to expand into the land-locked countries like Uganda and Rwanda, not only just the base Mombasa and Tanzania.”
RCL says it will deploy one vessel on the new service, as will Emirates Shipping Line, Global Feeder Shipping, Interasia Lines, KMTC Line and TS Lines. The six vessels have a target capacity of 2,800 teu, but “this may vary a little among the partners”.
The cargo moving to East Africa will include building materials, chemicals, foodstuffs and manufactured goods, but RCL is “not targeting any particular commodity for a start… whichever pays well will go on board”.
It said the REA service would build on on its current route network, which includes North Asia-Asean, intra Asean, Asia-India Subcontinent and Asia-Gulf.
Like all box lines, RCL has seen falling profits and, in August, stepped up its tonnage demolition plans alongside launching new routes.
RCL owns and operates a fleet of 49 vessels, with sizes ranging between 388 and 11,714 teu.
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