Tuesday, 04/05/2021, 08:09 (GMT +7)
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Wan Hai launches new services to meet the Vietnamese market demand
A container vessel of WanHai
Wan Hai Lines is raising rates on Taiwan-Vietnam routes as Taiwan's intra-Asia carrier intensifies expansion in the Vietnamese market with two new services starting May 2.
Due to high demand amid tight capacity and container equipment, the increase will be USD 50/TEU, effective from 7 May. Expected 40ft container freight rate thereafter is approximately 1,000 USD.
Wan Hai launches a weekly service that connects South China, Vietnam and Western India, with the other being a weekly Taiwan-Vietnam-Thailand service. The carrier will also receive 10 new ships by 2021.
Wan Hai Lines said, “We want to strengthen our coverage of the Southeast Asian market and provide customers with better transit times and more convenient shipping services.”
In China-Western India 8 (CI8) service, Wan Hai deploys four vessels with sizes ranging from 1,700TEU to 3,000 TEU. The port rotation is Nansha, Cai Mep, Port Klang, Nhava Sheva, Colombo, Port Klang, Da Nang, Hai Phong and Hong Kong / Qinzhou.
The service will begin with a charter ship, the 1,740TEU Hansa Rendsburg, departing from Nansha on May 2.
CI8 service will allow Wan Hai to provide shippers with direct connections between Vietnam and Western India. The Taiwanese carrier will also launch another weekly service connecting China and western India, augmenting its three existing China-West India services.
On May 2, Wan Hai also launched the Taiwan - Thailand - Vietnam (TVT2) service, using two 1,050TEU vessels.
The port rotation of TVT2 service is Taipei (Taipei) - Kaohsiung (Kaohsiung) - Laem Chabang - Ho Chi Minh - Kaohsiung - Taipei.
The Vietnamese market is continuing to grow and creates more containerized exports, leading some carriers to expand their Southeast Asian connections to this market. Production between East Asia and Southeast Asia increased after US-China trade tensions prompted manufacturers to shift some production activities from China to Vietnam.
Source: Phaata (Adapted from Wan Hai / Container News)
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