The Middle East Gulf-China service that is jointly operated by a consortium of 6 carriers (PIL/CUL/ESL/KMTC/RCL/Wan Hai) will be upgraded from 9 January 2023 with new calls at Hamad and Singapore (westbound). The revised rotation will call at Shanghai, Ningbo, Nansha, Shekou, Singapore, Jebel Ali, Dammam, Hamad, Singapore, Shanghai. The service was first launched in November 2021 and is branded respectively as the Gulf China Service (GCS) by PIL and KMTC, Asia Gulf Express (AGX) by CUL, Gulf Ch
CU Lines has joined RCL's Bangkok-Vietnam-China (RBC) service as a ship provider, with the deployment of 1 ship on the service. CUL brands the service as the China Thailand Service (BC1), which will be updated with a new call at Wenzhou starting from 10 January 2023. The revised RBC/BC1 will call at Bangkok, Laem Chabang, Ho Chi Minh City, Ningbo, Shanghai, Laem Chabang, Bangkok, turning in 3 weeks with 2 ships from RCL (the 1,498 teu JITRA BHUM and ITHA BHUM) and 1 ship from CUL (the 1,930 teu
China United Lines (CUL) will continue to operate the Transpacific Express II/South China-West US (TPC) service connecting Nansha, Yantian, Los Angeles, Nansha following the termination of the charter arrangement for the 12 panamax ships from Antong. The 4,130 teu REN JIAN 19 is expected to make the last trip for CUL using Antong’s ships, departing from Nansha on 14 December 2022. CUL will deploy smaller ships on the service from 20 December, starting with the freshly chartered 1,708 teu SUNRIS
China United Lines (CUL) has reached a settlement with Antong Holdings for the early termination of its Long Term Cooperation Agreement on 8 December 2022, subject to the approval of Antong shareholders. CUL had given notice to Antong on 28 November 2022 for the termination of the agreement that involves the charter of 12 panamax ships of 4,132 teu to 4,713 teu from Antong for $52,000 per day and the lease of Antong containers for operations on the Asia-Europe and Transpacific routes under a p
CU Lines and TS Lines will end their jointly Asia-Europe Express (AEX) service with the last sailing scheduled to depart from Ningbo on 10 December 2022. The 7 ships currently deployed on the service will be redeployed, comprising of 6 ships of 4,100-4,400 teu from CU Lines and 1 4,380 teu ship from TS Lines. 2 of the CU Lines ships have been idle at China since the end of November. The AEX calls at Ningbo, Shanghai, Xiamen, Shekou, Southampton, Rotterdam, Hamburg, Antwerp, Ningbo on a fortnigh
China United Lines (CUL) has served notice on 28 November 2022 for the early termination of its Long Term Cooperation Agreement with Antong Holdings that involves the charter of 12 panamax ships of 4,132 teu to 4,713 teu to CU Lines for $52,000 per day and the lease of Antong containers by CU Lines for operations on the Asia-Europe and Transpacific routes under a profit sharing arrangement. The agreement was effective from 1 June 2022 and was supposed to expire in 34 months or on 1 April 2025.
COSCO and China United Lines (CUL) have launched a new joint service branded as the China Philippines Express (CPX). The service calls at Shanghai, Xiamen, Manila, Subic Bay, Shanghai starting from 21 Sep 2022 using the 1,432 teu JIN YUN HE and the 1,713 teu AS SERENA. The new service replaces the China-Vietnam Express (CV5/CVX) service that was jointly operated by COSCO and CUL calling at Shanghai, Xiamen, Ho Chi Minh City, Shanghai.
China United Lines (CUL) will consolidate their 2 separate FE-USWC transpacific services into a revised Transpacific Express II/South China-West US (TPC) service that will call at Qingdao, Shanghai, Ningbo, Nansha, Yantian, Los Angeles, Qingdao. The service will deploy 6 ships of 4,300-4,700 teu. The consolidated service will absorb the Transpacific Express (TPX) service that was jointly operated with Shanghai Jinjiang (SJJ) that had called at Shanghai, Los Angeles, Shanghai. The last SJJ opera
TS Lines will be the latest new entrant to the Asia-Europe trade when it joins CUL as a vessel operator on the latter's Asia Europe Express (AEX) service on 17 March 2022. TS Lines will deploy the 4,380 teu TS SINGAPORE on the AEX, joining 5 other ships from CUL of 4,000-4,400 teu. The service calls at Ningbo, Shanghai, Xiamen, Shekou, Tilbury, Rotterdam, Hamburg, Antwerp, Ningbo with ad-hoc calls added on inducement at Qingdao, Yantian and Ho Chi Minh City.
China United Lines (CUL) have launched a bid for an initial public offering (IPO) on the Hong Kong stock exchange. It filed an initial application on 31 January 2022, with proceeds from the IPO to be used to fund new ships and further overseas expansion. CUL was established in 2005 and is currently based in Shanghai. The company is controlled by Raymond Chen Hong Hui (through interests held by his spouse) and is currently 80% owned by Chen and 20% by Guangzhou Port. It reported total revenues