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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 />

P a g e | 4 © Copyright <strong>Alphaliner</strong> 1999-2009

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