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CU Lines looks to make one-off voyage into two, and maybe more

SHANGHAI's state-owned China United Lines, has started a one-off voyage with a 2,700-TEUer to take advantage of today's skyrocketing Asia-Europe rates, now says it hopes to stay in business longer, reports Singapore's Splash 247

16 February 2021 - 19:00
SHANGHAI's state-owned China United Lines, has started a one-off voyage with a 2,700-TEUer to take advantage of today's skyrocketing Asia-Europe rates, now says it hopes to stay in business longer, reports Singapore's Splash 247.

'The charter was planned as a one-off, due to strong demand, however, preparations are already underway for a second voyage in the first half of 2021 if the shipping environment has not improved,' said a company statement.



The company's first Shenzhen-Yantian to Hamburg and Rotterdam voyage set sail February 8.



The service has been created with XSTAFF, a Dusseldorf-based international purchasing network, who cited current high cargo rates, limited container availability and frequent delays for its decision to partner with CU Lines on the new service.



CULines, was first established in 2005, and is mainly invested and managed by Shenzhen United International Shipping Agency. It engages in cross-strait container shipping service,domestic container feeder service along coastal area and the Yangtze River, inland trading container shipping service,international container shipping service, dry bulk shipping and charter business.


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