With the expansion of the Panama Canal, COSCO Container Lines, part of the CKYH Alliance, is exploring adding more services in the Gulf of Mexico and a new services to South America, said Howard Finkel, the carrier's executive vice president.
Speaking at the South Carolina International Trade Conference in Isles of Palms, S.C., Finkel noted “COSCO currently does not have a west coast South America or east coast South America service that touches the United States, but we are looking at that very seriously.”
He said COSCO currently has four all-water services between the Far East and United States, three that transit the Panama Canal and one that transits the Suez Canal.
“They are very popular services,” he said. “We will probably see even more all water services once the canal is widened.”
Finkel also said the CKYH Alliance, to which COSCO, “K” Line, Yang Ming and Hanjin belong, is “talking to Evergreen now about possibly joining CKYH.
CKYH has cooperated with Evergreen on services between Asia and Europe since last year.
“Is the rest of the world going to be involved? Possibly, but nothing is set yet,” he said.
A report at the Website MarineLink.com
on Tuesday said Evergreen has concentrated U.K. port calls at Felixstowe, “reportedly due to enhanced cooperation with the CKYH Alliance on Asia-Europe strings – itself brought about by vessel upsizing.”
said while “channel restrictions now preclude participation in the Asia-Europe trades, it does not exclude Thamesport from transatlantic and north-south trades with their smaller vessels.” - Chris Dupin