SCI, 3 others to launch INDFEX service

By Our Staff Correspondent

MUMBAI, MAY 3. The Shipping Corporation of India (SCI), K-Line of Japan, PIL of Singapore and Dongnama of Korea have announced their plan for launching the INDFEX service.

The INDFEX service is a direct fully container shipping service with fixed day weekly sailing with the port rotation of JNP, Colombo, Singapore, Hong Kong, Busan, Hong Kong, Singapore, Colombo and JNP between the Indian sub-continent and the ports on the Far East with a call at Shanghai under construction. The service is to be flagged off on June 1 at Busan (South Korea). All four partners will be deploying fully cellular ships in the new service, which will be around 1,400 TEUs capacity each.

The service will provide the fastest option to shippers with a direct transit time of 17 days between JNP and Busan, the nodal ports in the new service. At present, most of the existing lines in the trade are offering service between India and Far East with transhipment at Singapore / Port Kelang.

All four partners are already well established in the trade and have tested the market by operating relay services through feeder operation, slot charter arrangements. It is expected that in future, cargo volumes will increase especially from the Chinese ports, Hong Kong and Korea and the INDFEX service will be well placed to meet the burgeoning requirements of the trade.

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Section  : Business
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