|Major carriers to co-operate on Asia-Europe trades|
|Wednesday, 21 March 2012 10:30|
Cosco, K Line, Yang Ming, Hanjin and Evergreen Line have agreed to initiate individual co-operative arrangements on Asia-Europe trades starting from April 2012.
The cooperation between the lines is designed to offer customers improved sailing frequency, transit times and service coverage. The bilateral arrangements will be implemented in eight weekly services for Asia-North Europe and four for Asia-Mediterranean including direct services for Asia-Adriatic regions calling Rijeka, Koper and Trieste.
The weekly services for Asia-North Europe will reportedly offer the highest frequency in the market, offering attractive transit times from Asia to major European ports including Rotterdam, Hamburg and Felixstowe. The majority of the fleet operated in these total twelve loops will be ranging from 8,000TEU to 13,000TEU size.
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