The CKYH Alliance (Coscon, K-Line, Yang Ming, Hanjin Shipping) has announced its plans to rationalise its services in response to increasing uncertainty in the world's economy.
CKYH suspended the All Water East Coast (AWE) Central Loop in early-October, and reduced the total capacity in the CKYH AWE trade by around 18.5%.
CKYH also suspended its East Med Express (EMX) service in the Asia-East Mediterranean trade in mid-October.
CKYH is now conducting an extensive study to further restructure the Asia-East Mediterranean services, including the Aegean Sea Direct Express (ADX) service, and will make further service changes as part of its rationalisation plans.
Capacity in the North Trans Atlantic (TAS-1) service connecting the US and Europe will be reduced by approximately 18%, effective mid-November. The port rotation and schedule will remain unchanged, but the size of the vessels deployed will be modified.
Capacity in the Pacific South West (PSW) trade will be reduced. The current Mediterranean - Asia - America Pendulum (MAP) service connecting the Mediterranean, Asia and the US will be terminated, effective early-2009. This is around 13% - 15% of the total capacity deployed in the PSW trade by the CKYH Alliance. However, CKYH will use current services, such as the South China Express (SEA) as a substitution for the MAP service.
The European service CNX, which deploys eight Panamax vessels operated by Hanjin, will be suspended from end-January 2009. This will reduce CKYH's weekly capacity to North Europe by around 9%.
AWE (All Water East Coast) Central Loop
* Suspended in early-October
* Eight 4,000 TEU vessels called at Xiamen > Yantian > Ningbo > Shanghai > Busan > Savannah > Norfolk > Charleston > Xiamen
EMX (Greece - Israel service)
* Suspended in mid-October
* Seven 3,000 TEU vessels called at Shanghai > Ningbo > Hong Kong > Shekou > Singapore > Ashdod > Piraeus > Thessaloniki > Singapore > Hong Kong > Shanghai
ADX (Aegean Sea Direct & Israel Express service)
* Restructuring under investigation
* Seven 2,000 TEU vessels calling at Hong Kong > Singapore > Ashdod > Istanbul > Haydarpasa > Izmir > Singapore > Hong Kong
TAS 1 (North Trans Atlantic Express service):
* Four 3,000 TEU vessels to be replaced by four 2,500 TEU vessels in mid-November
* Port rotation: Antwerp > Bremerhaven > Rotterdam > Le Havre > New York > Norfolk > Charleston > Antwerp
MAP (Mediterranean - Asia - America Pendulum service)
* To be suspended in early-2009
* Thirteen 5,500 TEU vessels calling at Port Kelang > Singapore > Hong Kong > Yantian > Kaohsiung > Osaka > Tokyo > Long Beach > Oakland > Tokyo > Osaka > Busan > Shanghai > Ningbo > Kaohsiung > Hong Kong > Singapore > Port Said > Marsaxlokk > Napoli > La Spezia > Barcelona > Port Kelang > Singapore > Hong Kong > Yantian > Kaohsiung > Osaka > Tokyo
CNX (China - North Europe Express service)
* To be suspended in January 2009
* Eight 4,000 TEU vessels calling at Qingdao > Shanghai > Hong Kong > Singapore > Hamburg > Antwerp > Le Harve > Singapore > Qingdao
CKYH suspended the All Water East Coast (AWE) Central Loop in early-October, and reduced the total capacity in the CKYH AWE trade by around 18.5%.
CKYH also suspended its East Med Express (EMX) service in the Asia-East Mediterranean trade in mid-October.
CKYH is now conducting an extensive study to further restructure the Asia-East Mediterranean services, including the Aegean Sea Direct Express (ADX) service, and will make further service changes as part of its rationalisation plans.
Capacity in the North Trans Atlantic (TAS-1) service connecting the US and Europe will be reduced by approximately 18%, effective mid-November. The port rotation and schedule will remain unchanged, but the size of the vessels deployed will be modified.
Capacity in the Pacific South West (PSW) trade will be reduced. The current Mediterranean - Asia - America Pendulum (MAP) service connecting the Mediterranean, Asia and the US will be terminated, effective early-2009. This is around 13% - 15% of the total capacity deployed in the PSW trade by the CKYH Alliance. However, CKYH will use current services, such as the South China Express (SEA) as a substitution for the MAP service.
The European service CNX, which deploys eight Panamax vessels operated by Hanjin, will be suspended from end-January 2009. This will reduce CKYH's weekly capacity to North Europe by around 9%.
AWE (All Water East Coast) Central Loop
* Suspended in early-October
* Eight 4,000 TEU vessels called at Xiamen > Yantian > Ningbo > Shanghai > Busan > Savannah > Norfolk > Charleston > Xiamen
EMX (Greece - Israel service)
* Suspended in mid-October
* Seven 3,000 TEU vessels called at Shanghai > Ningbo > Hong Kong > Shekou > Singapore > Ashdod > Piraeus > Thessaloniki > Singapore > Hong Kong > Shanghai
ADX (Aegean Sea Direct & Israel Express service)
* Restructuring under investigation
* Seven 2,000 TEU vessels calling at Hong Kong > Singapore > Ashdod > Istanbul > Haydarpasa > Izmir > Singapore > Hong Kong
TAS 1 (North Trans Atlantic Express service):
* Four 3,000 TEU vessels to be replaced by four 2,500 TEU vessels in mid-November
* Port rotation: Antwerp > Bremerhaven > Rotterdam > Le Havre > New York > Norfolk > Charleston > Antwerp
MAP (Mediterranean - Asia - America Pendulum service)
* To be suspended in early-2009
* Thirteen 5,500 TEU vessels calling at Port Kelang > Singapore > Hong Kong > Yantian > Kaohsiung > Osaka > Tokyo > Long Beach > Oakland > Tokyo > Osaka > Busan > Shanghai > Ningbo > Kaohsiung > Hong Kong > Singapore > Port Said > Marsaxlokk > Napoli > La Spezia > Barcelona > Port Kelang > Singapore > Hong Kong > Yantian > Kaohsiung > Osaka > Tokyo
CNX (China - North Europe Express service)
* To be suspended in January 2009
* Eight 4,000 TEU vessels calling at Qingdao > Shanghai > Hong Kong > Singapore > Hamburg > Antwerp > Le Harve > Singapore > Qingdao