Evergreen restructures transpacific to meet changing market

2008-12-3

EVERGREEN has restructured transpacific services to meet changing market conditions with the launch of a new Europe-Asia-West Coast North America pendulum service starting later this month as part of a restructuring of its transpacific services.

The Taiwan shipping line also said that the new arrangement will improve service reliability and reduce bunker costs while having a minimal effect on transit times.

Evergreen's Asia United States (AUS) service, which currently has vessels operating a twin-loop service linking California on one loop to Shanghai, Ningbo, Qingdao and on the other loop to Kaohsiung, Hong Kong and Shenzhen's Yantian, will be split in two. The southern loop will be incorporated into the new pendulum service while the northern loop will be replaced by a new China-South-California China (CPS) service.

The new US West Coast-Asia-Europe (UAE) service is being created by merging the southern loop with Evergreen's China Europe Shuttle (CES) service with weekly rotation (westbound): Los Angeles, Oakland, Taipei, Kaohsiung, Hong Kong, Yantian, Tanjung Pelepas, Colombo, Suez Canal, Rotterdam, Hamburg, Thamesport and Zeebrugge. Eastbound the rotation will be: Taranto, Port Said, Colombo, Tanjung Pelepas, Yantian, Hong Kong, Kaohsiung and Los Angeles.

Meanwhile the new CPS service will add Busan in South Korea to the ports covered by the AUS northern loop on a weekly basis. Westbound it will be: Los Angeles, Oakland, Busan, Shanghai, Ningbo, Qingdao and eastbound it will be: Busan, Shanghai, Ningbo, Qingdao, Los Angeles and Oakland.

Previously, the CES service employed eight 7,024-TEU S-type vessels while the AUS service employed nine vessels: two S-types, four 6,332-TEU E-types and three 5,362-TEU U-types.

Benefits include Busan as a regular port of callin the CPS schedule and direct sailings between California and Evergreen's south Asian hub ports of Tanjung Pelepas and Colombo.

Source: Schednet
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