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K Line&MOL team for new service

K Line&MOL team for new service
Two of Japan?s top shipping lines have confirmed plans to team up in a new joint service linking Asia with North America via the Suez Canal.

K Line and MOL join for Asia-North America link

Two of Japan"s top shipping lines have confirmed plans to team up in a new joint service linking Asia with North America via the Suez Canal.

K Line and MOL are to operate an all-water service that will include Vietnam and call first in Halifax before heading to US east coast ports.

The co-operation has sparked interest in shipping circles, since MOL is a member of the World Alliance whereas K Line operates within the CKYH consortium.

The big three Japanese lines tend not to work together, with NYK a member of yet another group, the Grand Alliance.

The South China-Vietnam service will start on May 15, with MOL providing two ships and K Line contributing seven, with an average capacity of 5,500 teu.

MOL said introduction of the new service would enable it to offer direct connections from Vietnam, South China and Singapore to the US east coast, including a call at its Jacksonville terminal, plus provide brand new coverage to Halifax.

The first ship will be the Suez Canal Bridge.

The service represents a new trade for MOL, but for K Line it is the replacement of an existing service via the Panama Canal. Although the new goes through the Suez Canal, port coverage is broadly the same.

www.turkishmaritime.com.tr

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