MOL to Expand Asia to South America Freight Container Shipping Services

2011-7-1

Following on from their announcement earlier this week that they were ordering two new 8,600 TEU container ships, shipping line Mitsui O.S.K. Lines (MOL) has released details on the deployment of new container vessels that it is about to bring into service.

From July 2011 through 2012, MOL will launch a total of ten new 5,600 TEU containerships and replace the currently-operated vessels. The company states that the new build ships will adopt a new wide-beam and shallow-draft design, featuring higher loading capacity and compatibility with shallow-draft ports in South America, as well as superior fuel efficiency.

Moreover, effective July 2011, MOL will assign an additional ship to its CSW Asia-East Coast South American service to bring a total of 13 ships onto the schedule.

The new CSW service rotation will have a 91 days turnaround and run to the following schedule:

Xingang (Wed/Wed), Dalian (Thu/Fri), Qingdao (Sat/Sat), Pusan (Mon/Mon), Shanghai (Fri/Sat), Hong Kong (Mon/Mon), Singapore (Fri/Sat), Santos (Sat/Sun), Buenos Aires (Tue/Wed), Montevideo (Thu/Thu), Paranagua (Sun/Sun), Sao Francisco Do Sul (Mon/Mon), Santos (Tue/Wed), Rio De Janeiro (Thu/Fri), Cape Town (Sat/Sun), Ngqura (Mon/Tue), Singapore (Thu/Fri), Hong Kong (Wed/Wed) and Xingang (Wed).

Along with the fleet expansion, MOL states that they will begin chartering space to a consortium of Nippon Yusen Kabushiki Kaisha (NYK Line), Kawasaki Kisen Kaisha, Ltd. ("K" Line), Hyundai Merchant Marine Co., Ltd. (HMM), and Pacific International Line (PIL).

Source: handyshippingguide
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