Port Pipavav adds China-Pakistan Exp service to portfolio

  


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1 Nov 2010

oocl_logo_corp.jpgThe Orient Overseas Container Line (OOCL) and Yang Ming Marine Transport Corporation (YML) have upgraded the joint China-Pakistan Express (CPX) service by adding Port Pipavav of Gujarat as their port of call


After Nhava Sheva in Mumbai, Port Pipavav is the only other port of
call for the CPX service in India, according to a company statement
here.

Mr C.K. Rajan, Head of Container Business, APM Terminals Pipavav, said
the company is increasing the number of lines calling the port. “We
already have more than 20 lines calling on Port Pipavav and are looking
forward to increasing this further this year,” he added.

The new port rotation is as follows: Shanghai, Ningbo, Shekou,
Singapore, Karachi, Pipavav, Nhava Sheva, Penang, Port Kelang,
Singapore, Hong Kong, Shanghai.

The CPX service upgrade commenced in August 2010, offering the fastest
transit time between Central China and India. It will include five
vessels with 3,600-TEU loadable capacity for each week. OOCL will
provide two vessels and YML will provide three.

“Port Pipavav's volumes have been doubling year on year,” said Prakash
Tulsiani, Managing Director, APM Terminals Pipavav. “Last year, our
volumes grew 64% and this year we have already demonstrated more than
50% growth over 2009.

OOCL, a wholly-owned subsidiary of Orient Overseas (International)
Limited (OOIL), is one of the world's largest integrated international
container transportation, logistics and terminal companies. It is one
of Hong Kong's most recognised global brands and has a network that
covers Asia, Europe, North America and Australasia.

Yang Ming Marine Transportation Corporation offers top-notch scheduled container transportation service across the world.

Their services cover 63 countries with more than 177 service points.
APM Terminals Pipavav, part of the AP Moller-Maersk group, had recently
concluded its IPO for Rs 500 crores and got listed on the Indian stock
exchanges.



Source: Hindu Business Line

Sources:  www.Shipid.com

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