OOCL, TSK & COSCO shall launch new Far East/Middle East service

OOCL, TSK Line (NYK) and COSCO Container Lines (COSCO), are launching a new Far East/ Middle East service, which is known as the Middle East Express (MEX) service, with five vessels of 7,500 TEUs capacity.

The new service will start with the first westbound sailing from Shanghai on 17 May 2009 and will replace the existing Middle East Asia Express (MAX) service, which is presently run by OOCL and TSK with 5,500 TEUs vessels.

Emirates Shipping will have slots on the MAX service.

The port coverage of the new MEX service shall be Shanghai, Ningbo, Hong Kong, Shekou, Singapore, Jebel Ali, Dammam, Singapore, Hong Kong and Shanghai.

This is a good sign for the logistics industry as a whole.

Source: PR News/ Copy 6042/ 8 May 2009