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Maersk Line to add Busan to AE10 service

Maersk Line to add Busan to AE10 service
Busan: Maersk Line will add South Korea's Busan port to its schedule of Asia-Europe (AE10) service from 29 April as the carrier expects rising volumes from the container port.

Maersk Line is anticipating rising volumes in Busan on the back of increasing trade from the region into North Europe and Russia.

The service will improve transit times on the westbound rotation by four to five days. The first vessel Ebba Maersk will call at Busan on 29 April.

“The service is a unique product in the market with a direct call between both Busan, Kwangyang and Gdansk, opening the Eastern gateway with faster transit times and high reliability,” Maersk Line said in a statement.

It added that the new 18,000 teu Triple-E containerships will soon be phased in on the AE10 service.

Busan port moved around 17m teu of throughput in 2012, an increase from 16.2m teu in 2011. Transhipment cargoes, the driver behind the port's rising throughput, rose 10.5% year-on-year to 8.13m teu last year.