Citing increasing shipper demand, Evergreen and COSCON are to replace their current joint CPG service with their own separate services. The two companies will each launch a weekly independent service to cover the China/Arabian Persian Gulf route starting from earlier June 2008.
However an Evergreen statement says: “Evergreen will keep cooperation with COSCON in this trade lane through the slot swap arrangement. With these two new loops, Evergreen and COSCON will be able to widen the range of market visibility in Far East/Middle East trade.”
Evergreen will deploy six 3,400 TEU vessels into China and Arabian Persian Gulf service (CPG2) with the rotation as Qingdao-Shanghai-Ningbo-Yantian-Hong Kong-Tanjung Pelepas-Jebel Ali-Dammam-Nhava Sheva-Singapore-Kaohsiung-Qingdao.
COSCON will operate five 3,400TEU vessels into China and Persian Gulf service (CPG1) with the rotation as Shanghai-Ningbo-Yantian-Singapore-Jebel Ali-Banda Abbas-Karachi-Singapore-Shanghai.
However an Evergreen statement says: “Evergreen will keep cooperation with COSCON in this trade lane through the slot swap arrangement. With these two new loops, Evergreen and COSCON will be able to widen the range of market visibility in Far East/Middle East trade.”
Evergreen will deploy six 3,400 TEU vessels into China and Arabian Persian Gulf service (CPG2) with the rotation as Qingdao-Shanghai-Ningbo-Yantian-Hong Kong-Tanjung Pelepas-Jebel Ali-Dammam-Nhava Sheva-Singapore-Kaohsiung-Qingdao.
COSCON will operate five 3,400TEU vessels into China and Persian Gulf service (CPG1) with the rotation as Shanghai-Ningbo-Yantian-Singapore-Jebel Ali-Banda Abbas-Karachi-Singapore-Shanghai.