Maersk Line's intra-Asia arm MCC Transport has introduced a new Myanmar service to meet demands of the country's growing economy to global markets via transhipment in Southeast Asia.

The operating conditions for regional container shipping are expected to stay challenging as competition intensifies in the intra-Asia routes, according to Indonesia-based Samudera Shipping Line.

Malaysia-based HUBLine slipped to a second quarter net loss after scrapping four aged vessels at a considerable loss, and revenue fell on lower cargo volumes.

Wan Hai Lines returned to a healthy net profit in the first quarter ended 31 March 2013 as against a loss recorded a year earlier.

Regional Container Lines (RCL) and Maersk Line’s MCC Transport have agreed a slot exchange on services from Thailand and Vietnam to Hong Kong.

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