Evergreen and Maersk to co-operate on Asia-Europe trade

Taipei: Container giants Evergreen and Maersk are pleased to announce that they have agreed a co-operative agreement on Asia-Europe services commencing March, 2008. The agreement consists of an exchange of slots between Evergreen’s China-Europe-Mediterranean (CEM) service and Maersk’s Far East to Europe (AE2) service.
 
The CEM service rotation is: Kaohsiung �" Ningbo �" Shanghai - Yantian �" Hong Kong �" Tanjung Pelepas �" Suez Canal �" Le Havre �" Hamburg �" Rotterdam �" Thamesport �" Port Said (Suez Canal) - Tanjung Pelepas - Kaohsiung.
 
The AE2 service rotation: Pusan �" Kwangyang �" Dalian �" Xingang �" Qingdao �" Shanghai �" Suez Canal �" Bremerhaven �" Rotterdam �" Felixstowe �" Suez Canal �" Salalah - Pusan.
       
Evergreen Marine Corporation president Jack Yen stated: “Evergreen is a big believer in the benefits of slot-sharing arrangements and joint services.
We expect both Evergreen and Maersk to see significantly upgraded service coverage and more efficiently utilised capacity on the crucial Asia Europe trade route as a result of this slot exchange agreement. Moreover, we expect the agreement with Maersk to further positively impact on Evergreen’s performance in terms of operating costs.”  [05/02/08]