COSCO to operate vessel on Hanjin TP loop

COSCO to operate vessel on Hanjin TP loop
   COSCO Container Lines will provide a vessel on a Hanjin Shipping-operated service between Southeast Asia, China and California beginning in mid-April, according to a report from Alphaliner.
   COSCO already takes slots on Hanjin's SJX service, which has a rotation of Port Kelang, Singapore, Cai Mep, Hong Kong, Yantian, Osaka, Tokyo, Long Beach, Oakland, Tokyo, Osaka, Hong Kong and Port Kelang. Up until March, Hanjin had operated all five vessels on the service, until Wan Hai provided one vessel, chartered from Hanjin. Alphaliner said Hanjin will now provide four vessels with Wan Hai and COSCO each providing one from mid-April. Yang Ming, a partner of Hanjin and COSCO in the CKYH Alliance, takes slots.
   Also, Alphaliner reported that Wan Hai and PIL will join a to-be-launched service between central China and California, operated by Hanjin and COSCO. The new CLX service, which begins April 4, has a rotation of Fuzhou, Shanghai, Ningbo, Yokohama, Long Beach and Fuzhou. It will operate with ships of 4,000 to 4,400 TEU, (two from COSCO and one each by the other three lines).
   'The new service will bring together PIL and Wan Hai on the transpacific trade again after the two carriers ceased to operate together on this route 12 months ago,' Alphaliner said. 'PIL and Wan Hai had first teamed up on the transpacific in March 2007 on the joint CTP service, initially launched by Wan Hai alone in June 2001. The CTP was dropped in November 2008 when the two lines joined 'K' Line on its PSW loop. Wan Hai left the PSW in March 2010 as it joined Hanjin on the SJX while PIL left in April 2010 to mount its independent CTP service.'
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