Four Asian carriers plan to launch all-water bi-weekly service from Asia to the East Coast of South America, adding capacity on the trade route they already serve with a weekly service.
“K” Line, Hyundai Merchant Marine, NYK Line and Pacific International Line said Wednesday they will start the new loop at the end of March.
The launch of the service underlines the growth of Asian trade with South America as China and other countries in the Far East expand exports and buy an increasing share of South American exports. In addition, carriers have been expanding services between the U.S. and South America.
“K” Line, which made the announcement Wednesday, said the service, which it calls the AESA-2 service, will enhance the current AESA-1 loop with a direct call at Vitoria in Brazil and faster transit time to Rio de Janeiro.
The four carriers also will expand the current service they operate on a slightly different port rotation with a call at Pusan starting in the middle of March, which will provide a direct express service between South Korean and the East Coast of South America.
The new AESA-2 loop will deploy a string of vessels with capacities of 3,000 20-foot equivalent units on the following a 70-day roundtrip biweekly port rotation: Ningbo, Shanghai, Shenzhen, Singapore, Port Kelang, Rio de Janeiro, Santos, Vitoria, Navegantes, Santos, Rio de Janeiro, Singapore, Hong Kong and back to Ningbo.
The current AESA-1 loop deploys a string of 4,250-TEU vessels on the following 77-day port rotation: Pusan, Shanghai, Ningbo, Hong Kong, Shekou, Singapore, Santos, Buenos Aires, Montevideo, Navegantes, Paranagua, Santos, Rio de Janeiro, Singapore, Hong Kong and back to Pusan.