Evergreen to Partner With CKYH Carrier Alliance28 December 2011
Evergreen Line is joining forces with the CKYH Alliance of Cosco, K-Line, Yang Ming and Hanjin Shipping on the Asia-Europe route in the latest partnership aimed at countering Maersk Line’s bid to dominate the world’s largest ocean container market.
The five Asian carriers will operate 12 weekly services between Asia, the Mediterranean and North Europe, with ships of 8,000 to 13,000 20-foot equivalent units capacity starting in the second quarter of 2012.
“All parties intend to enhance highest frequency of service loops, expedition of delivery terms and full scale of port coverage in their services and agreed to strengthen co-operation among one another in Asia-Europe and Asia-Mediterranean trade lanes,“ the carriers said.
Taiwan’s Evergreen will not, however, become a member of the CKYH group, also known as the Green Alliance.
“Although Evergreen will not be joining CKYH, the carriers will co-ordinate with each other to provide more intensive sailings to the level of eight service loops from Asian ports to northern European base ports, and four service loops from Asian ports to Mediterranean ports every week,” the carriers said.