Liners cut long-haul sailings, but 'it won't be enough' to stop rates tumbling
MSC and the Ocean and Premier container shipping alliances are withdrawing some transpacific and Asia-Europe ...
ID 277306308 | Cargo © Mariusz Bugno | Dreamstime.com
By Alison Koo
Evergreen is remaining tight-lipped on speculation that the Taiwanese mainline operator could shift its calls at Malaysia’s Port of Tanjung Pelepas to Singapore.
Rumours began late last month after Evergreen agreed to set up a terminal in Singapore, through a joint-venture with terminal operator PSA Singapore, to open for business by year-end.
Linerlytica opined that the move suggested the Ocean Alliance, of which Evergreen is a member, would consolidate its South-east Asian hub volumes in Singapore from February, when the alliance’s new network ...
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