TAIWAN's Evergreen Line is to partner with Singapore-headquartered Mariana Express Line (MEL) in launching a joint South China-East Malaysia (SEM) Service, which will give a significant boost to the service offered to shippers on the intra-Asia trade.
The SEM service will employ two ships with capacities of 1,000 TEU each and the port rotation of the weekly services is: Shenzhen-Shekou, Hong Kong, Kota Kinabalu (Malaysia), Muara (Brunei), Bintulu (Malaysia), and back to Shekou. The first sailing is to depart from Shenzhen-Shekou on September 10.
As part of its on-going efforts to improve network connections in this region, Evergreen Line will also take space on Interasia Lines' Singapore - Yangon (Burma) - Malaysia (SYM) service based on a slot swap arrangement.
Providing Evergreen customers with an additional feeder connection to Yangon, the SYM loop will call at Singapore, Yangon, Port Klang, Yangon and then back to Singapore.
The ASEAN countries boast some of the world's highest forecast rates of economic growth currently. In 2014, the ASEAN economy as a whole looks set to grow by 4.6 per cent and for 2015 the estimate is 5.6 per cent growth according to the IMF's World Economic Outlook report published in July.
The ASEAN community recently set as a priority the successful conclusion of negotiations with China, Japan, South Korea, India, Australia and New Zealand to establish the Regional Comprehensive Economic Partnership (RCEP).
It is believed that this significant development will further encourage free trade and have the effect of driving cargo growth within the intra-Asia trade, the shipping line said in a statement.
WORLD SHIPPING
04 September 2014 - 18:58
link up with Singapore's MEL to boost its intra-Asia network
TAIWAN's Evergreen Line is to partner with Singapore-headquartered Mariana Express Line (MEL) in launching a joint South China-East Malaysia (SEM) Service, which will give a significant boost to the service offered to shippers on the intra-Asia trade.
WORLD SHIPPING
04 September 2014 - 18:58
Evergreen link up with Singapore's MEL to boost its intra-Asia network
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