Business Daily from THE HINDU group of publications Tuesday, Aug 07, 2007 ePaper |
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Logistics
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Shipping Marketing - New Products & Services Cheng Lie Navigation plans to launch China-India services
The average transit time between Shanghai and Chennai is estimated at 10 days and between North China and Chennai 12 days.
Santanu Sanyal Kolkata, Aug. 6 The Taipei-based shipping line Cheng Lie Navigation Corporation (CNC), acquired by France’s CMA CGM in April, proposes to launch two new services between China and India. The first one, a new China/Korea – Southeast Asia – India service, named NIX (New India Express), with focus on the west coast of India, i.e. Nhava Sheva International Container Terminal, is being launched in partnerships with Korea Marine Transport Co Ltd (KMTC). It is a fixed – day weekly service to be run with five container vessels, four of which is being provided by KMTC and one by CNC. The port rotation is: Xingang – Qingdao – Busan – Hong Kong – Shekou – Singapore – Port Kelang – NSICT – Port Kelang – Singapore – Hong Kong – Busan – Xingang. The second one, a new North China – South India Express Service, to be named NCC, will operate between North China and Chennai. Designed to cash in on the booming China market and the East Coast of India, the service will be launched in September in partnership with Wan Hai Lines and Sea Consortium. NCC will be operated with four vessels of the capacity of 1,700 TEUs each and is expected to offer one of the fastest direct calls between the Chinese ports of Qingdao, Lianyungang and Shanghai and the Indian port of Chennai. The average transit time between Shanghai and Chennai is estimated at 10 days and between North China and Chennai 12 days. The port rotation will be: Qingdao – Lianyungang – Shanghai – Singapore – Port Kelang – Chennai – Port Kelang – Singapore – Hong Kong – Qingdao. Established in 1971, CNC is one of the major container lines active in the intra-Asia market. It runs 16 services to some 60 ports in Japan, Korea, Taiwan, Indonesia, Thailand, the Philippines, Malaysia, Singapore and Vietnam. It deploys 16 vessels of which eight are its own and can charter 40 more each week under various cooperation agreements. In 2006, it handled some 500,000 TEUs and posted revenues of $300 million. CMA CGM, which acquired CNC April last, is the world’s third largest container shipping group and France’s number one. Operating a fleet of 332 vessels, including 95 company-owned, the group serves 400 ports covering all the continents and 150 countries through its network of 600 agencies. In 2006, it handled six million TEUs.
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