Evergreen will enter to take part of alliance CKYH (COSCON, "K" Linens, Yang Ming and Hanjin)



The company of navigation Evergreen Line of Taipei will enter to take part of shipowning alliance CKYH constituted from Chinese COSCO Container Lines (COSCON), from the Japanese Kawasaki Kisen Kaisha ("K" Linens), from the taiwanese Yang Ming and the Hanjin Shipping South Korean. With the income of Evergreen the acronym that marks the alliance will be changed in CKYHE.

The parts have reached in fact an agreement based on which the contribution of Evergreen to the alliance it will be limited to the services between Asia and Europe, included the Mediterranean. According to the forecasts the CKYHE, that it will have to be approved of from the competent authorities, will be born next 1° March formally and the operating activity of the new alliance will begin to half April with the offer of six services kinsmen between Asia and the Europe North and of four spins dedicated to the Asia-Mediterranean route.

Evergreen, COSCON, "K" Linens, Yang Ming and Hanjin Shipping have explained that the scope of the new alliance is to compete in a difficult market, to expand the total net of services and to offer logistic services of excellence. The alliance will allow also to rationalize the routes and the Network, to optimize the employment of the fleets in order to increase the competitiveness: "the customers of the companies - they have emphasized the five carriers - will benefit of a top quality of the service in terms of transit Time and frequency. Moreover operating efficiencies will strengthen the performances of the services of the partner of the alliance from the environmental point of view. The companies - they have emphasized - are engaged to offer a cleaner transport, considering are a lot appreciated from the customers. The alliance will continue to adopt measures in order to diminish the bunker consumption through the "echo-slow steaming" and in order to reduce the emissions of co2".

The new alliance between Evergreen and COSCON, "K" Linens, Yang Ming and Hanjin Shipping in existence represents a new phase of the consolidation of the field of line through operating agreements rather than, as it happened previously, through acquisitions.

Currently Evergreen Line, with a fleet of beyond 150 portacontainer for a total ability pairs than more 560 thousand container from 20 feet (teu), is the fourth company of navigation of the field of the marine transport of line. The other four fleets of partner of new alliance CKYHE have a total ability almost 2,1 million teu.

The put total ability to about 3,0 million teu in field from CKYHE is only sopravanzata by that of the P3 Network, the new alliance - not still operating - constituted by the first three marine carriers of the market - Maersk Line, Mediterranean Shipping Company (MSC) and CMA CGM - that fleets of the total ability operate almost 6,5 million teu, and from that of the G6 alliance formed from APL, Hyundai Merchant Marine (HMM), Mitsui O.S.K. Lines (MOL), Hapag-Lloyd, Nippon Yusen Kaisha (NYK) and Orient Overseas Container Linens (OOCL) that they offer a total ability to about 3,2 million teu that, with the contribution of the Zim Israeli with which they are currently in negotiations, could go up to 3,5 million teu.