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Container shipping lines reach new route agreement

  • By Editor on  19 February 2010
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UNDER a new trade agreement, major container carriers will be sharing a route from Asia to South America East Coast via South Africa.

Compania Chilena de Navegacion Interoceanica (CCNI), Hanjin Shipping, Hapag-Lloyd, Wanhai Lines and Zim Integrated Shipping Services have agreed to cooperate on this new service route.

According to Zim Integrated Shipping Services, the joint operation will take effect in April serving Korea, Central and South China, Sinagapore, South Africa, Brazil, Uruguay and Argentina.

The new weekly service will consist of eleven vessels of 4,200 TEU, Hanjin and Zim deploying three vessels each, CCNI and Wanhai – two vessels each and Hapag-Lloyd deploying one vessel plus slot purchase from other lines.

Zim Integrated Shipping Services says all the partners are confident their service will provide a viable addition to the trade, offering each their network and expertise in Asia and South America.

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