SWIRE Shipping has started offering a new multipurpose service that connects North Asia and south east Asia to Papua New Guinea in the Pacific Southwest and the east coast of Australia.
The service operates one sailing every 30-35 days and intended to transport mainly steel, breakbulk and project cargoes, as well as containers.
Alphaliner reports the rotation is Busan and/or Ulsan, Dalian, Xingang, Shanghai, Kaohsiung, Sri Racha, Singapore, Jakarta, Motukea and/or Port Moresby, Townsville, Brisbane, Newcastle, Melbourne, Bell Bay, Busan and/or Ulsan.
The service will deploy chartered 1,800-TEU vessels, including Pine 1, Pine 2 and Pine 3, which were originally delivered to TBS Shipping between 2009 and 2011 for deployment on its west coast South America breakbulk services.
However, TBS filed for Chapter 11 bankruptcy in February, and the lending banks registered the ships initially named, the Comanche Maiden, the Dakota Princess, and the Omaha Belle under Pine Shipping Inc, a new company based in the Marshall Islands.
Source: Asian Shipper (25th June 2012)