PT.ZHONGHAI INDO SHIPPING

CHINA SHIPPING and Taiwan based Evergreen shipping line's new Asia America Central Service 2 (AAC2), beginning May 29 will offer shippers better connectivity between central-northern China and the US west coast ports of Los Angeles and Oakland, said a press release from the China Shipping Container Lines (CSCL). With the AAC2, the carriers intend to capitalize on the booming Asia/ US market
AAC2 will have a round-trip transit time of 35 days and will commence from Qingdao on May 29 with the departure of Ever Develop, which is estimated to reach Oakland on June 13. It will employ five 4,000-TEU ships, which will be supplied by China Shipping and Evergreen Line.
The port rotation for AAC2 is as follows: Oakland, Los Angeles, Qingdao, Shanghai, Ningbo, Oakland.

China Shipping Container Services has launched this month a new weekly line between the ports of Barcelona, Valencia and Piraeus (Athens), the first regional service in the Mediterranean group, which aims to "capture the local load between Spain and Greece.  The new service has a transit time of five days Barcelona - Greece and 4 days dm Valencia - Greece. From Greece, five days to Barcelona and  a week to  Valencia.
In Spain, the group is represented by the China Shipping (Spain) Agency (CSCL), a joint-venture between the Chinese and Spanish Pérez y Cia, which last October and presented another service that connects the Far East and Middle East to Spain. This is covered by eight vessels owned by CSCL's 5,600-TEU capacity, performing a weekly scale in the port of Valencia.

China shipping Container Liners Co., Ltd (CSCL) announced the 2009 Annual results on 22nd Apr, 2010, which is concerned by all parties. The Chairman of CSCL, Mr. Li Shaode, the managing director, Mr. Huang Xiaowen and other management attended the press releasing and the results presentation held in the Conrad Hong Kong. The financial tsunami starting from 2007 has worsened deeply in 2009 with such unprecedented, broad and deep adverse impact. Despite the adoption of a number of counter-measures, the Group has failed to reverse its state of making losses continuously. For the year 2009, the Group’s revenue was RMB19,740,331,000, representing a decrease of 43.4% as compared with the year 2008. The Group’s loaded container volume was 6,741,790 TEU, representing a decrease of approximately 3.7% as compared with last year. In light of difficult operating environment, the Group implemented comprehensive measures invarious ways in response to the market: Firstly, CSCL Reorganising the fleet structure, optimising the trade lane design. Secondly, CSCL deepened the “Three Refinement” philosophy and increased efficiency. The fuel cost was saved USD31,907,000 as compared to the market price during the same period. The container management cost of single container decreased of 31.8%. The port charges averaged to single container decreased of 26.7% and stevedore charges averaged to single container decreased of 21.7%.Total annual transshipment loaded container volume of international trade lanes decreased 376,000 TEU as compared with last year. At the same time, CSCL devoted to marketing, further cooperation, internal control mechanism and financial management.