AXS-Alphaliner Newsl..
AXS-Alphaliner Newsl..
AXS-Alphaliner Newsl..
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ALPHALINER Weekly <strong>Newsl</strong>etter 2009-Week 16<br />
axs-alphaliner.com – the worldwide reference in liner shipping<br />
SERVICE UPDATES<br />
Amsterdam left with sole<br />
mainline service<br />
following departure of<br />
EU 2<br />
Current crisis prompts<br />
further service<br />
consolidation in<br />
Intra-Asia<br />
Grand Alliance drops Amsterdam on EU 2<br />
The Grand Alliance (Hapag-Lloyd + NYK + OOCL + MISC Bhd) is to alter the<br />
European range rotation of its Asia-Europe Loop 2 (EU 2) service.<br />
The main change concerns the inclusion of Rotterdam at the expense of<br />
Amsterdam. The EU2 used to call at the Ceres Terminal in Amsterdam,<br />
which used to be controlled by alliance member NYK. Since December<br />
2008, the terminal has been under the control of Hutchison Port Holdings<br />
(HPH) which obtained a majority stake in a share-swap agreement with<br />
NYK. Under the terms of the agreement, NYK was granted by HPH a<br />
minority stake in Rotterdam’s Europe Container Terminals (ECT).<br />
With the EU 2 dropping Amsterdam, the Ceres Terminal is now left with<br />
only a single deep sea loop calling, the Grand Alliance’s Asia-Europe Loop<br />
1 (EU 1).<br />
On its side, Rotterdam is reported to consider a reduction in port dues in<br />
order to attract additional traffic. The port of Rotterdam had earlier<br />
reported a 16% decline in container volumes to 2.3M TEU for the first<br />
quarter of 2009. The port forecasts a decline in throughput of 6%-10% for<br />
2009. It says problems in container shipping continue to dominate the<br />
situaltion and that recovery will begin “a little later than anticipated”.<br />
K Line and TSK team up on intra Asia services<br />
K Line and TSK (Tokyo Senpaku Kaisha - the intra-Asia arm of NYK) have<br />
reached an agreement to launch a joint service between Japan, the<br />
Philippines and the Straits / Jakarta sector from mid-May 2009.<br />
In response to the ongoing financial crisis that has drastically reduced<br />
cargo volume for this sector, the two carriers will merge two existing,<br />
independent services, the TSK's 'Pegasus' service (PGS) and the K Line's<br />
'Pineapple Express' into one service, unifying fleet deployment to their<br />
maximum size, thereby improving efficiency and schedule integrity.<br />
Four vessels of about 1,700 teu will be deployed on a 28-day round voyage<br />
to provide a weekly service (two provided by K Line and two by TSK). It<br />
will cover Osaka, Shimizu, Tokyo, Yokohama, Nagoya, Kobe, Keelung,<br />
Manila, Singapore, Port Kelang, Jakarta, Singapore, Manila, Osaka.<br />
In addition to this newly-established joint service, both carriers also agree<br />
to widen their cooperation by exchanging slots with each other on their<br />
existing services, to maximize efficiency and provide a wider range of<br />
services to their customers.<br />
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