SOARING demand and booming freight rates on intra-Asia trades is causing ocean carriers to launch dedicated services rather than relying on already overwhelmed commercial feeders, reports London's Loadstar.
THE Alliance members (Ocean Network Express) ONE and Yang Ming have teamed up with regional carriers Korea Marine Transport and SITC Container Lines to provide a weekly service between South Korea, central/south China, and Southeast Asia.
Called the Korea-China-Straits (KCS) service by ONE and Korea-China-South-east Asia Express (KCX) by Yang Ming, each of the four carriers will deploy one vessel with a capacity of 2,500 to 2,800 TEU on a 28-day round trip.
'In light of the strong cargo demand between north-east Asia and South-east Asia and the new cooperation frameworks set by the Regional Comprehensive Partnership', the Asia Pacific free-trade agreement signed in November 2020,' said Yang Ming.
'The KCX service will not only shorten the transit time between Central China and Singapore/Malaysia but also strengthen the service network connecting north-east Asia and ASEAN members,' said Yang Ming.
Said ONE: 'The unique selling proposition of this service is the Pasir Gudang call, and customers can now take advantage of shipping from Pasir Gudang to Laem Chabang.'
Said supply chain advisory head Troy Shortell: 'The pandemic has helped to hasten the pace of e-commerce growth and changed consumer buying behaviors, in turn shaping the logistics landscape of tomorrow. This means logistics property expansion in the next few years will be characterised by more demand for capacity closer to end customers, as shorter deliveries become increasingly crucial in an omnichannel era.'
SeaNews Turkey
THE Alliance members (Ocean Network Express) ONE and Yang Ming have teamed up with regional carriers Korea Marine Transport and SITC Container Lines to provide a weekly service between South Korea, central/south China, and Southeast Asia.
Called the Korea-China-Straits (KCS) service by ONE and Korea-China-South-east Asia Express (KCX) by Yang Ming, each of the four carriers will deploy one vessel with a capacity of 2,500 to 2,800 TEU on a 28-day round trip.
'In light of the strong cargo demand between north-east Asia and South-east Asia and the new cooperation frameworks set by the Regional Comprehensive Partnership', the Asia Pacific free-trade agreement signed in November 2020,' said Yang Ming.
'The KCX service will not only shorten the transit time between Central China and Singapore/Malaysia but also strengthen the service network connecting north-east Asia and ASEAN members,' said Yang Ming.
Said ONE: 'The unique selling proposition of this service is the Pasir Gudang call, and customers can now take advantage of shipping from Pasir Gudang to Laem Chabang.'
Said supply chain advisory head Troy Shortell: 'The pandemic has helped to hasten the pace of e-commerce growth and changed consumer buying behaviors, in turn shaping the logistics landscape of tomorrow. This means logistics property expansion in the next few years will be characterised by more demand for capacity closer to end customers, as shorter deliveries become increasingly crucial in an omnichannel era.'
SeaNews Turkey
