Hyundai Merchant Marine, FESCO and CMA CGM jointly launched a service for the container shipping between China, South Korea and Russia. The loop will be operated by three vessels with capacity between 2,700 and 4,600 TEU, provided by the three members of the alliance. The new service will provide rotation between the major ports of Eastern Asia, calling every week. The vessels will improve the connectivity between the three countries and will support import/export of the local economy. The alliance believes that new loops will provide better services and to expand their presence in the Russian market.
The service rotation is: Hong Kong – Chiwan (China) – Xiamen (China) – Ningbo (China) – Shanghai (China) – Busan (South Korea) – Vladivostok (Russia) – Vostochny (Russia) – Busan (South Korea) – Hong Kong.
The South Korean shipping company Hyundai Merchant Marine and Russian FESCO fointly manages two services – KRS (Korea-Russia service) and KR2. Hyundai Merchant Marine has combined two joint route, extending the coverage of services in southern and central China and changed the name of the new service on the CRS (China-Russia South Service). To this alliance joined the French shipping group CMA CGM.
In addition to the partnership with CMA CGM and FESCO on China-Russia South Service, Hyundai Merchant Marine will join forces with FESCO for maintenance of Sino-Russian line CRN (China-Russia North Service), which will be served by two container vessels with a capacity of 1,700 TEU.