Zim Integrated Shipping Services Ltd, Compania Chilena de Navegacion Interoceanica (CCNI), (A Chilean shipping company, part of the Empresas Navieras holding), Hanjin Shipping Co., Ltd, Hapag-Lloyd and Wanhai Lines have announced they will cooperate on a new Asia - South America East Coast service, effective April.

China Shipping Container Lines Company Limited (CSCL) has announced it would apply GRI (General Rate Increase) on its Trans Atlantic service from Israel to North American ports, USA & Canada.

Hyundai Merchant Marine, South Korea's No. 2 shipper, plans to expand its fleet on its Asia-Middle East route as part of efforts to meet rising demand, according to Organisation of Asia-Pacific News Agencies.

The Grand Alliance will launch a new Asia-Europe loop on March 22nd; MOL will revise coverage on its Asia East Coast - South America service on March 25th; and CCNI, Hanjin Shipping, Hapag-Lloyd, Wanhai and Zim will cooperate on an Asia - South America East Coast service from April.

Cargo handling through ports in South Korea shot up in February, recovering to the volume shown before the economy was battered by the global financial crisis, Yonhap reported.

Evergreen Line and China Shipping Container Lines will launch a joint China-Philippines-Thailand Express Service in mid-March.