Evergreen Marine to launch China-Indonesia services

Taipei, May 15 (CNA) Evergreen Marine Corp. (????), the largest container shipper in Taiwan, said Friday that it will work with two Chinese counterparts to launch shipping services between China and Indonesia later this month. Evergreen Marine said it will provide the new weekly service jointly with China's COSCO Group and China Shipping Container Lines Co., starting May 20, to take advantage of booming trade activity in the region. The three partners will assign four 2,000-2,700 twenty-foot equivalent unit (TEU) vessels to serve the new route. TEUs are used to measure the capacity of container vessels. The four vessels will take turns serving the route. Each of the four will start from China's northern port of Qingdao, and sail to Shanghai, Xiamen and Shekou in China, Pasir Gudang in Malaysia, Singapore, and Surabaya in Indonesia before returning to Qingdao via Singapore. Each journey will take 28 days. After the ASEAN-China Free Trade Area was established in 2010, bilateral trade between China and members of the Association of Southeast Asian Nations (ASEAN) has grown rapidly, and the shipper said it has kept a close eye on the accelerated trading activity among these trading partners. Two-way trade between China and ASEAN members rose 8.3 percent year-on-year to US$480.04 billion in 2014, Evergreen Marine said, citing statistics compiled by China's General Administration of Customs. In addition to an eye on the booming trade in the region, the Taiwanese shipper said, it will take advantage of the new service to expand its global network to provide better service to customers worldwide. Singapore will serve as the transshipment point for Evergreen Marine to carry cargo out of or into the region, it said. The new China-Indonesia route will be the second service launched by Evergreen Marine in the Asia region this month. Evergreen Marine began offering a Vietnam-Singapore-Malaysia route on May 10. (By Frances Huang)