EVERGREEN, COSCO CONFIRM JOINT ASIA/AFRICA/SOUTH AMERICA LINK
Evergreen and China Ocean Shipping Co. have confirmed plans to merge
their Asia/South Africa/East Coast of South America container services.
The new 10-ship joint service, named "ESA," starts this month, with
eight 2,720-TEU ships operated by Evergreen and two vessels provided by
COSCO.
The rotation of the service is Hong Kong, Kaohsiung, Singapore, Port
Louis (Mauritius Island), Durban, Cape Town, Buenos Aires, Montevideo and Santos.
COSCO and Evergreen said that the joint service’s aim is to improve
vessel utilization and reduce operating costs.