Hanjin terminates Asia-Oceania loop, joins existing service

Ocean carrier Hanjin will terminate its CKA loop between Asia and Oceania and will join a loop connecting Japan, Korea and China with Australia in February.    Ocean carrier Hanjin will terminate its CKA loop between Korea, China and Australia, which it currently operates with Yang Ming and TS Lines, and join a loop between Japan, Korea, China and Australia in February.
   The CKA will end with the Feb. 1 sailing of the Hanjin Newport from Busan, according to all of the vessel providers’ online service schedules.
   The loop has a rotation of Busan, Qingdao, Shanghai, Ningbo, Melbourne, Sydney, Brisbane and Busan.
   Six vessels with an average vessel capacity of 4,277 TEUs operate on the CKA, according to ocean carrier schedule and capacity database BlueWater Reporting.
   Evergreen Line and Sinotrans purchase slots on the loop.
   Although the CKA will cease operations, Hanjin said it will launch the FOX service Feb. 14 from Yokohama, with a rotation of Yokohama, Osaka, Busan, Qingdao, Shanghai, Ningbo, Melbourne, Sydney, Brisbane and Yokohama.
   This service, which is already in existence, is currently operated by MOL, which refers to it as the AU2, OOCL (AEA3), NYK (ANA2), COSCO (NAE) and “K” Line (ESACO).
   Six vessels with an average vessel capacity of 4,522 TEUs currently operate on the loop.
   NYK will leave the service with the Dec. 27 sailing of the Ambassador Bridge from Yokohama, according to the Japanese carrier’s most recent online service schedules.
   Hanjin said it will provide two vessels on the loop, while MOL, “K” Line, OOCL and COSCO will each provide one vessel.
   In sum, 25 carriers deploy capacity across a total of 26 container services that serve the Asia to Oceania trade, as illustrated by BlueWater Reporting’s Capacity Report and Carrier Trade Route Deployment Report applications. All 26 of these services are dedicated to the Asia to Oceania trade and together deploy 79,616 TEUs each week towards the trade.