NYK and HMM announced new service cooperation

NYK and Hyundai Merchant Marine (HMM) announced an agreement to operate jointly in the container liner trade between Asia, South Africa and East Cost of South America.

The new service will be named “New Horizon Express” (NHX) and will commence operations as of the second half of April. It will replace NYK´s current New Good Hope Express Service (NGX), which has been operating together with Maersk Line and Hamburg Sud.

NYK and HMM aim to provide a better level of service quality, through even better integrity of schedules and fast transit times to main markets in Asia, South Africa and East Coast of South America.

Masato Katayama, Chairman for NYK Line do Brasil Ltda.says: this new configuration should greatly help NYK improve its customer service in the liner Asia - South Africa - South America, and moreover, counting on with NYK’s great tradition in this service.

Seung In Yang, Vice President of HMM Container Business Dept. in Seoul says : We are delighted to announce this brand new premium service. This service will make HMM enthusiastically participate in fast-growing South American market and help HMM meet customer’s diverse need.

New Horizon Express will be a weekly fixed day service operating a total of 10 vessels, eight from NYK and two from HMM, with a weekly capacity of about 2,500 TEUs.

The port rotation will start at Shanghai, as follows:

Shanghai - Ningbo - Hong Kong - Singapore - Durban - Santos - Buenos Aires - Itajai - Paranagua - Santos - Itaguai (Sepetiba) - Singapore - Hong Kong - Shanghai

Other main ports in Asia will be covered by feeder connection.

Through its global network with local focus, NYK and HMM will strive to enhance its capability in serving the needs of customers in fast-growing markets.