News / CKYHE axes Asia-North Europe service as demand and rates hit rock bottom

The CKYHE alliance is cancelling one of its six weekly strings between Asia and North Europe.

The move could be the tip of the iceberg of further service withdrawals on the troubled trade, as utilisation levels plummet and freight rates hit rock bottom.

From the end of this month the CKYHE will stop its China Europe Shuttle (CES) service, which calls at Felixstowe, Hamburg, Rotterdam and Le Havre in North Europe and deploys 10 8,500 teu ships – mostly supplied by Evergreen.

According to ...