Hanjin, Evergreen exchange space
Korea's Hanjin Shipping will take space between Asia and South America on Evergreen Marine's weekly ESA service as part of a swap agreement that has resulted in Evergreen joining Hanjin on its U.S. East Coast/South America loop.
The ESA service uses 11 ships of about 3,400 TEUs with Evergreen providing nine vessels and COSCO Container Lines two. Italia Marittima SpA, part of the Evergeen group, also takes slots. The ESA has a full port rotation including Shanghai, Ningbo, Kaohsiung, Hong Kong, Yantian, Singapore, Durban, Cape Town, Buenos Aires, Montevideo, Santos, Singapore, Hong Kong, Kaohsiung and back to Shanghai.
Hanjin will market the service as the New South America Asia Express (NSX), replacing a former slot charter agreement with MOL in the same trade.
Evergreen joined the weekly U.S. East Coast/Brazil service of CKYH Alliance members 'K' Line, Yang Ming and Hanjin — which it will market as ECAS — when the 1,728-TEU vessel 'YM Santos' departed from Rio Grande Tuesday.
Hanjin markets the service as NSA while 'K' Line refers to it as SAMCO. Yang Ming, who entered the trade and became a vessel provider on the service in June, calls it ESA.
The service uses five ships of about 1,500 TEUs and has a port rotation of New York, Norfolk, Savannah, Rio Grande, Itajai, Santos, and back to New York.
Evergreen also takes slots from Hamburg Sud in the U.S. East Coast/East Coast South America trade.