Friday, 21 November 2008

Don't expect any overtime!

CKYH Alliance to cut Asia-North Europe tonnage.;jsessionid=CE279BAE3B64FF01F6C84C5A32E6AAC1

THE CKYH Alliance, consisting of Coscon, K Line, Yang Ming and Hanjin Shipping, has revealed its winter slack-season service rationalization programme will see an incremental 30% tonnage reduction on the Asia-North Europe services beginning end-November.The alliance will combine the AES and AEN loops, each being operated by eight 8,200 teu to 10,000 teu vessels from Coscon, into one service called CNEU from the end of November.Coscon will deploy ten 9,469 teu to 10,000 teu ships on the new CNEU, which means the line will drop six post-panamax vessels from the route.The CNEU will cover most of the port calls of the existing AES and AEN, except Xiamen and Lianyungang.The new loop will rotate: Dalian, Xingang, Qingdao, Shanghai, Ningbo, Hong Kong, Yantian, Nansha, Singapore, Rotterdam, Felixstowe, Hamburg, Antwerp, Singapore, Hong Kong, Shanghai and Dalian. Moreover, the alliance said it will suspend a number of sailings in both the AES2 and AES3 services from mid December.

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