Containership operator Pacific International Lines (PIL) has teamed up with COSCON, Wan Hai and Yangming on a new joint service in the Far East – Middle East trade commencing from Pusan on 5 April 2015.
The new service, named CM2, will be PIL’s second Far East-Middle East loop with a total of 6 vessels of 5500 TEUs each.
“CM2 aims to complement our current China Middle East Service or “CMS” with enhanced port coverage, increased frequency and improved transit time for our customers, ” PIL said.
The weekly CM2 service covers the following port rotation in 42 days:
Pusan-Qingdao-Ningbo-Kaohsiung-Shekou-Singapore-Jebel Ali-Penang- Singapore-Kaohsiung-Pusan.
PIL owns and operates a fleet of 156 vessels with a total capacity of about 364,000 TEUs.
Earlier this month the company announced that it has taken majority stake in Singapore’s Mariana Express Lines (MELL).