Shippers Today

Content provided by:
HKSC CHAIRMAN'S MESSAGE  
 


ASSOCIATE MEMBER PROFILE  
 


e-LOGISTICS  
 
 
 
 
 
 


AIRFREIGHT  
 
 
 
 
 
 
 
 
 
 


SEAFREIGHT  
 
 
 
 
 
 
 


SEAPORTS  
 
 
 
 


APPOINTMENTS & EVENTS  
 
 
 
 


STATISTICS  
 
 
 


香港付貨人委員會主席的話  
 


港口  
 


中國特色  
 
 

Email ThisRate ThisPrint Friendly

HMM and FESCO in East Asia-Australia VSA

Hyundai Merchant Marine Co, Ltd (HMM) of Korea and Far Eastern Shipping Co (FESCO) of Russia announced that they had reached agreement to embark on a Vessel Sharing Agreement on the East Asia to Australia trade lane.

Both companies have been cooperating in other trade lanes, enjoying a very close business relationship over the last 10 years, and are delighted to see the partnership grow and expand.

The VSA will be operated with five vessels, one provided by Hyundai and four by FESCO. The port call range remains unchanged with direct calls at Manila, Kaohsiung, Keelung, Hong Kong, Yantian, Melbourne and Sydney. The service will, in fact, continue to serve the full range of East Asian ports, with special emphasis and focus on the dynamically growing China market via Hong Kong and Yantian.

HMM has operated two service lines between South East Asia and Australia since 1998, and another 2 between Far East Asia and Australia since 2000. HMM will now transfer its current market base in the Far East Asia service onto this VSA, and will also commence a new service to/from New Zealand by slot charter arrangement on the FESCO, (FNZEL) service, which has a port rotation of Manila, Hong Kong, Brisbane, Tauranga, Lyttelton and Brisbane and which operates on a fixed weekly service.

FESCO, who has operated in this trade lane as an independent operator since 1976, will continue to offer its clients a continuation of its current service standards with attractive transit times and a very widespread port call range, as the service will in no way change the routing or transit times or port call range.