Taiwanese carrier Wan Hai has announced that it will jointly operate a trans-Pacific service, called SEA service, from South China to the US Pacific Southwest with COSCO Container Lines and ‘K’ Line.
It will also operate a trans-Pacific service from Central China to US Pacific Southwest with ‘K’ Line and Pacific International Lines (PIL), named the CALCO-D service.
Wan Hai said on 20 April that the SEA service was expected to start on 10 May with six 9,000-10,000 teu ships, one by Wan Hai, three by COSCON, and two by ‘K’ Line. SEA service’s rotation will be Hong Kong, Yantian, Long Beach, Yantian, and back to Hong Kong.
The CALCO-D service is scheduled to be launched on the same day with six 5,500-6,000 teu ships, two by Wan Hai, two by ‘K’ Line, one by PIL, and one shared vessel. The rotation of the CALCO-D service will be Qingdao, Shanghai, Xiamen, Long Beach, and Qingdao.
Together with these new joint services, Wan Hai will enter into a space swap arrangement with ‘K’ Line on the CALCO-B (CCB) service and with COSCON on the Southwest Coast Express Service (CEN).
The port rotation of CCB is Shanghai, Ningbo, Long Beach, Oakland, Tokyo, Yokohama, Nagoya, and Shanghai, while the port rotation of CEN is Xingang, Qingdao, Shanghai, Prince Rupert, Long Beach, Oakland, and Xingang.
Wan Hai recorded a profit of TWD5.32 billion (USD171 million) for 2014, soaring 158% year on year from its 2013 profit of TWD2.13 billion. At present, the carrier operates a fleet of 72 vessels and is aiming to reach a target revenue of TWD70 billion for 2015.
This post was sourced from IHS Maritime 360: View the original article here.
