CCL expects 10% rise in 2011, 200% from intra-Asia trade
CHINA Container Lines' (CCL) cargo volume is expected to rise 10 per cent to 550,000 TEU by the end of this year, CCL chief executive Xu Cun Yong told the Hong Kong Shipping Gazette in an interview.
But intra-Asia trade outperformed all others, he said. By June, CCL business in south east Asia had surpassed last year's full-year volume, and he expected a 200 per cent increase in volume year on year. The company has opened offices in Malaysia, Indonesia and Vietnam.
As a non-vessel operator (NVO), the company's volume was 501,698 TEU last year, an increase of 25.5 per cent year on year, Mr Xu said.
Full container loads (FCL), the largest portion of the company's business, totalled 490,000 TEU, while LCL cargo came to 400,000 cubic metres.
Established 15 years ago, CCL already has a large and steady client basis in the mainland market, which helps it gain better rates from carriers, and in turn helps to retain old clients and attract new ones, Mr Xu said.
But intra-Asia trade outperformed all others, he said. By June, CCL business in south east Asia had surpassed last year's full-year volume, and he expected a 200 per cent increase in volume year on year. The company has opened offices in Malaysia, Indonesia and Vietnam.
As a non-vessel operator (NVO), the company's volume was 501,698 TEU last year, an increase of 25.5 per cent year on year, Mr Xu said.
Full container loads (FCL), the largest portion of the company's business, totalled 490,000 TEU, while LCL cargo came to 400,000 cubic metres.
Established 15 years ago, CCL already has a large and steady client basis in the mainland market, which helps it gain better rates from carriers, and in turn helps to retain old clients and attract new ones, Mr Xu said.