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Evergreen to end NYK, Hanjin, Yang Ming vessel sharing agreement

TAIWAN's Evergreen Line has notified their vessel sharing partners NYK, Hanjin and Yang Ming to end its vessel sharing agreement on the ANS USEC-Caucedo-Brazil service in April 2014.

The last vessel to be complete a round trip voyage will be Conti Harmony, ETA Norfolk, Virginia April 10, reports the American Journal of Transportation of Plymouth, Massachusetts.



Evergreen recently became a member of the CKYH shipping alliance with "K" Line, Yang Ming and Hanjin Shipping. The decision is a U-turn for Evergreen, which in the past had shied away formal container shipping alliances, preferring the flexibility of loose knit arrangements with other ocean liners.



As a member of the newly named CKYHE Alliance, it will contribute 17 vessels in total, comprising both 8,500-TEU and 13,800-TEU ships.
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