Capacity squeeze will ease as more newbuilds arrive, says Xeneta
Additional tonnage being introduced to the ocean shipping market next year presents “an opportunity for ...
AMZN: WIZARD OF OZR: CAPITAL DEPLOYMENTBA: CRISIS DEEPENSGXO: UPSIDEJBHT: EARNINGS SEASON KICK-OFFAMZN: EUROPEAN REVERSE LOGISTICS GXO: NEW HIGHSCHRW: CATCHING UPBA: TROUBLE DHL: GREEN GOALVW: NEGATIVE OUTLOOKSTLA: MANAGEMENT SHAKE-UPTSLA: NOT ENOUGHBA: NEW LOW AS TENSION BUILDSGXO: SURGING
AMZN: WIZARD OF OZR: CAPITAL DEPLOYMENTBA: CRISIS DEEPENSGXO: UPSIDEJBHT: EARNINGS SEASON KICK-OFFAMZN: EUROPEAN REVERSE LOGISTICS GXO: NEW HIGHSCHRW: CATCHING UPBA: TROUBLE DHL: GREEN GOALVW: NEGATIVE OUTLOOKSTLA: MANAGEMENT SHAKE-UPTSLA: NOT ENOUGHBA: NEW LOW AS TENSION BUILDSGXO: SURGING
In order to offer shippers a more comprehensive service on Asia-Australia trade, Evergreen Line is teaming up with OOCL, MOL, “K” Line and YML to offer a new joint North East Asia – Australia Express (NEAX).
This weekly service will utilise six ships of between 3,500 and 3,700 TEU capacity, one each provided by Evergreen, MOL, K-LINE, YML and the remaining two by OOCL. The first sailing is planned to depart from Yokohama on 23rd of October, with the following port rotation: Yokohama – Osaka – Pusan – Qingdao – Shanghai – Ningbo – Melbourne – Sydney – Brisbane, then returning to Yokohama.
The launch of this new loop will enable Evergreen to provide more service options for its customers in Asia – Australia trade by extending its network coverage to Japan, Korea and Northern China.
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