Evergreen, alliance to cooperate on Asia-Europe routes

By Amy Su  /  Staff Reporter

Wed, Mar 14, 2012 - Page 11

The Green Alliance, formerly known as the CKYH alliance, a group of several major Asian container shipping companies, has agreed to initiate individual cooperative arrangements with Evergreen Marine Corp (長榮海運), Taiwan’s largest container shipping firm by fleet size, on Asia-Europe trades beginning next month.

The alliance, formed in March 2002, comprises Taiwan’s Yang Ming Marine Transport Corp (陽明海運), China Ocean Shipping (Group) Co (中遠集團) of China, Japan’s Kawasaki Kisen Kaisha Ltd — known as “K” Line — and Hanjin Shipping Co of South Korea.

In December last year, Evergreen said it planned to deepen cooperation with CKYH, such as sharing or exchanging cabins, to improve price stability and control transport capacity more efficiently in view of continuous uncertainties in the global economy.

“This cooperation between the four CKYH Lines and Evergreen Line is designed to offer customers the best sailing frequency, transit time and service coverage so as to fulfill customers’ needs,” Yang Ming, representing the alliance, said in a statement on Monday.

These bilateral arrangements will be implemented in eight weekly services between Asia and northern Europe, as well as four between Asia and the Mediterranean, the statement said.

Evergreen’s involvement in the weekly Asia-northern Europe services, which offer the highest frequency in the market, would provide attractive transit times from Asia to major European ports, including Rotterdam, Hamburg and Felixstowe, Yang Ming added.