Hong Kong-based OOCL and the Chinese carrier Coscon have announced a vessel swap agreement in order to optimise tonnage deployment on the Far-East to South America and Far East to Middle East tradelanes.
Coscon will take the two 8,063 teu sisters OOCL NINGBO and OOCL QINGDAO from OOCL and deploy them to the Asia to ECSA service ESA/AS4 jointly operated with Taiwan’s Evergreen Marine and Isreali carrier Zim. In this context it needs to be underlined that – contrary to earlier reports – OOCL will not join the ESA loop as a vessel operator. This erronated piece of information was triggered by the deployment of ships with OOCL name prefixes which will now sail for Coscon.
In exchange, OOCL will take the 10,020 teu COSCO OCEANIA and the 9,469 teu COSCO BEIJING for deployment to the Far-East to Middle East Gulf service marketed as MAX by OOCL and as MEX by Coscon and by slotters.
Further ships could be involved in the vessel swap agreement, but the carriers have not yet disclosed more information.