Top > News Releases > Coscon, "K" Line, Yang Ming and Hanjin conclude Europe/U.S. Atlantic & Gulf Coast Slot Purchase Agreement with Americana Ships and Grand Alliance.

April 15, 2002
Kawasaki Kisen Kaisha, Ltd.

Coscon, "K" Line, Yang Ming and Hanjin conclude Europe/U.S. Atlantic & Gulf
Coast Slot Purchase Agreement with Americana Ships and Grand Alliance.

COSCO Container Lines Ltd. (Coscon), Kawasaki Kisen Kaisha, Ltd. ("K" Line), Yang Ming Marine Transport Corp (Yang Ming) and Hanjin Shipping Co., Ltd. (Hanjin), have reached an agreement with Americana Ships and Grand Alliance to purchase slots on their two strings of Europe/U.S. Gulf Coast services. It is expected that this agreement will become effective mid-May, subject to the approval of the regulatory authorities. Coscon, "K" Line and Yang Ming are currently reviewing three loops of their existing Europe/U.S. Atlantic & Gulf coast services in light of this newly agreed slot purchase agreement, and have a plan to change their services in near future to provide best quality of services to their customers.

The followings are current joint services being operated by Coscon, "K" Line and Yang Ming.

TAS-1 (2800 teu x 4 vessels)
Antwerp-Felixstowe-Bremerhaven-Rotterdam-Le Havre-New York-Baltimore- Norfolk-New York-Halifax-(Antwerp)

TAS-2 (2000 teu x 5 vessels)
Antwerp-Felixstowe-Rotterdam-Bremerhaven-Antwerp-Le Havre-Charleston- Miami-New Orleans-Houston-Charleston-(Antwerp)

TAS-3 (a part of AUM, 3500 teu x 12 vessels)
Asia-Charleston-Norfolk-New York-Boston-Valencia-Naples-Genoa-Barcelona- New York-Norfolk-Charleston-(Asia)

Two strings of Americana Ships/Grand Alliance Service on which Coscon, "K" Line, Yang Ming and Hanjin will have slots are as follows;

GASS Antwerp-Thamesport-Bremerhaven-Charleston-Houston-New Orleans-Charleston-Norfolk-Antwerp
SGX Southampton-Le Havre-Rotterdam-Hamburg-Charleston-Miami-Houston-Charleston-Hamburg-Rotterdam-Antwerp-Southampton

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