Evergreen, Hanjin announce Winter program on CEM/CUS Service

In response to seasonal drop in market demand, Evergreen Line and Hanjin Shipping have conducted capacity adjustment to the joint CEM/CUS service in fourth quarter of 2012.

Through the 13 weeks from October to December, the joint CEM/CUS service is planned to skip three sailings. The first blank voyage has been implemented in week 41 and the other two are scheduled in week 44 and week 49.

The periodical adjustment will bring a reduction of 23% to the service string’s quarterly capacity offering. Evergreen Line and Hanjin Shipping will consider further space cut depending on market development.

CEM (China-Europe-Mediterranean) service has been one of Evergreen Line’s main line services in the Far East-Europe trade since 1999. When the joint venture with China Shipping expired this August, Hanjin Shipping joined the service and branded it as the CUS (China-UK Express) service.