The CKYHE carriers are discussing broader cooperation.
The vessel-sharing alliance of COSCO, “K” Line, Yang Ming, Hanjin, and Evergreen has filed a discussion agreement with the Federal Maritime Commission that will allow them to discuss and determine whether to cooperate on trade lanes to and from the United States.
“The parties have been cooperating in various foreign-foreign trades with considerable success. The purpose of this agreement is to authorize the parties to discuss and determine whether and how the synergies and efficiencies that have characterized their foreign-foreign cooperation might be replicated in the U.S. foreign trades," according to a new agreement, No. 012280, filed with the Federal Maritime Commission
"Toward that end, the parties are empowered to discuss a wide range of options regarding possible cooperation, and to exchange information relevant to the evaluation of such options, in order to provide the highest quality, most efficient service(s) in the trade and to optimize the use of each party's assets,” the document said.
Evergreen first announced that it was joining the other four lines in their existing global alliance in February on trades between Asia and North Europe, and Asia and the Mediterranean.
In April, Evergreen, COSCO and Hanjin filed a vessel-sharing agreement with the FMC
saying they would cooperate on services between Asia and the U.S. Atlantic Coast, but the new agreement filed this week allows for even wider cooperation among the five carriers.