News / Ocean carriers sail in to take charge on intra-Asia trades as demand soars

Soaring demand and booming freight rates on intra-Asia trades is encouraging ocean carriers to launch dedicated services rather than relying on a network of overwhelmed commercial feeders.

In the latest development, THE Alliance members ONE and Yang Ming have teamed up with regional carriers Korea Marine Transport and SITC Container Lines to provide a weekly service between South Korea, central/south China and South-east Asia.

Dubbed the Korea-China-Straits (KCS) service by ONE and Korea-China-South-east Asia Express (KCX) by Yang Ming, each of the ...