Soaring bunker prices and deteriorating market conditions have led Evergreen and Coscon to combine their jointly operated Far East-South America (ESA) and Far East-Africa Express (FAX) services.

A new weekly ESA service will operate with 11 3,500teu vessels, of which Evergreen will supply seven and Coscon four. The service will launch on 6 July.

Port rotation is: Shanghai/Ningbo/Kaohsiung/Yantian/Hong Kong/Singapore/Tanjung Pelepas/Durban/Cape Town/Montevideo/Buenos Aires/Paranagua/Santos/Durban/Singapore/Hong Kong/Shanghai.