Wednesday, June 18, 2008

COSCO Adds Second Weekly Sailing to Prince Rupert

COSCO Adds Second Weekly Sailing to Prince Rupert

China Ocean Shipping (COSCO) is adding Prince Rupert to the shipping line's existing CEN service, doubling its weekly calls to the Fairview intermodal container terminal, beginning with the 5,400 TEU (20-foot equivalent units) COSCO Hong Kong on Saturday, July 5.

"COSCO has received tremendous support on the single weekly sailings over Prince Rupert for the PNWS service, calling on South China and Yokohama," notes COSCO Americas Vice President Sales Tim Marsh. "As a result of this outstanding success, and in response to the true needs expressed by North American importers and exporters, COSCO has elected to increase port calls to Prince Rupert."

Demonstrates Customer Confidence
"Considering the current soft market conditions and general decline in Asian imports through West Coast ports, the addition of a second line by COSCO, backed by their customers, clearly demonstrates that this new northern express trade corridor through Prince Rupert is meeting and exceeding expectations."

Adds Mr. Marsh: "COSCO would like to thank the Port of Prince Rupert, CN Rail and Maher Terminals for their innovative thinking that has sparked a new option for customers who are moving time sensitive cargo".

8,200 TEU Container Vessels Calling
COSCO's CEN Service originates in Dalian and calls on other Chinese ports of Xingang, Qingdao and Shanghai, then sails to Prince Rupert, the first North American West Coast port, before calls on Long Beach and Oakland. The CEN service, comprised of five container vessels ranging from 5,400 to 8,200 TEUs, also calls on Yokohama before completing its loop back in Dalian.