Wednesday, April 3, 2019

Another of the Big Five Container Shipping Lines Opts for Liverpool

COSCO Takes Slots at North Western Port
Shipping News Feature
UK – Peel Ports can claim a Royal Flush this week having received confirmation that Chinese giant COSCO Shipping is to ship via the Port of Liverpool meaning all of the world's top five container shipping lines are all now calling at its north western deep water facilities.

COSCO Shipping will take slots on an existing Canadian service via Montreal with OOCL. The Shanghai based, Chinese state owned shipping and logistics company joins MSC, Maersk, CMA CGM and Hapag Lloyd in starting or growing a presence in Liverpool.

The decision follows a successful trial by COSCO Shipping in October, since when MSC has also introduced a new call to Liverpool, as part of a rotation including Canada, Turkey and various southern European ports. Alan Newell, General Manager of COSCO’s agents China Shipping UK Agency, observed:

“Our trial at the Port of Liverpool last year was very successful. On the strength of that we are looking to market slots to our customers with a view to growing traffic on the route. It’s clear that Liverpool has a lot of potential as a gateway for many cargo owners in the north of the UK and we are confident that we are capitalising on this growing demand at the right time.”

This is actually the third major line announcement for Liverpool in the last few months, as the 2M shipping alliance confirmed at the end of 2018 that Liverpool will be a permanent call on its TA4 transatlantic service. In February, Peel Ports also announced that it was aiming to create 250 jobs, mostly in Liverpool, to deal with continued business growth. Mark Whitworth, Chief Executive of Peel Ports said:

“There’s a real sense of momentum in Liverpool just now. Hundreds of cargo owners have already given their backing to the port as their natural trade gateway, and now more shipping lines are coming on board too. In these uncertain times, one thing that is sure is Liverpool’s prime location for serving the heart of the UK marketplace. We’re confident that this is just the start with COSCO shipping, especially with the recent success of our new MSC service too.”

Photo: Not just the giants. The 868 TEU containership Jork enters the River Mersey.