The port rotation will be: Xingang - Dalian - Qingdao - Hong Kong - Shekou - Singapore - Colombo - Nhava Sheva - Singapore – Hong Kong – Xingang.
“Markets such as India and China are getting more sophisticated as customers realize the need to have consistently high quality shipping services. These customers are becoming increasingly concerned about the opportunity costs of missed shipments, stock outs and late deliveries,” said Mr Widdows.
Trade volume between China and India has been growing at a robust rate, and these markets are expected to see GDP growth of 9.5percent - 10percent and 8percent - 8.5percent respectively in 2007.
The booming Indian economy driven by the evolving Indian consumer, reduction of import duties and signing of various free trade agreements will see strong rise in sourcing from the industrial heartlands of North China. This has contributed to the perceivably high demand for refrigerated services between India and China.
The new CIX service will enable APL to offer excellent port coverage augmented by high quality international container shipment services and increased container cargo capacity.
Neptune Orient Lines (NOL)
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