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Evergreen Line to Tap Into Intra-Asia Trade Growth

first_imgzoom Ocean carrier Evergreen Line said it will team up with CMA CGM’s intra-Asia carrier Cheng Lie Navigation (CNC) to launch the new China-Philippines Service (CPH).Two ships of around 1,000 TEU will be deployed on the new weekly service, one each operated by the joint service partners.Evergreen Line informed that the first sailing on the CPH service will be from Shanghai on the 11th of December and the port rotation will be as follows:Shanghai – Ningbo – Xiamen – Shekou – Manila (south harbour) – Shanghai.Commenting on the reasons behind the launching of the new service, Evergreen said  that the decision was triggered by a desire to offer a more comprehensive service to shippers and importers in the Philippines.The new service is in addition to the four feeder loops, which Evergreen offers serving the Philippines.According to statistics published by China’s General Administration of Customs, the amount of bilateral trade between China and ASEAN (the Association of Southeast Asian Nations) increased by 8.9% during the first ten months of 2014.In particular, China’s imports and exports to/from the Philippines showed an even stronger growth of 17.1%, the company said.ASEAN member states have held several rounds of trade talks with China, Japan, Korea, New Zealand, Australia and India for Regional Comprehensive Economic Partnership (RCEP) and aimed to conclude the negotiations by the end of 2015.As a positive indication of future trade growth, this initiative is expected to significantly benefit the further development of Intra-Asia trades.last_img read more

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Mason Jobst scores in overtime to push Ohio State mens hockey into

OSU freshman forward Mason Jobst (26) during a game against Michigan on March 6 at Nationwide Arena. Credit: Samantha Hollingshead | Photo EditorIt took extra time and a fortunate bounce off the opposing goalie, but the Ohio State men’s hockey team came out victorious in its first-round matchup against the Michigan State Spartans in the Big Ten tournament.Freshman forward Mason Jobst scored in overtime to seal the 4-3 victory and continuation of OSU’s season for at least one more night.The Thursday night showdown at the Xcel Energy Center in St. Paul, Minnesota, was the third consecutive match between the two schools.The Buckeyes got off to a dream start when freshman forward John Wiitala put the puck past Michigan State senior goaltender Jake Hildebrand just 38 seconds into the match. The Minnesota native collected the puck from sophomore forward Matthew Weis and fired home with a wraparound effort.A physical first period would also end with a Buckeye goal. Freshman defenseman Tommy Parran doubled the lead for the Scarlet and Gray with just over a minute remaining in the period. A shot from junior defenseman and first-team All-Big Ten defenseman Josh Healey took a deflection, and the puck fell to his defensive partner.The Spartans got on the board in the early minutes of the second period. A midrange effort from junior forward Joe Cox found its way past OSU junior goaltender Christian Frey to cut the Buckeyes’ lead in half. Senior forward Matt DeBlouw would then equalize for the Spartans with a power-play goal around halfway through the period.Another penalty left OSU shorthanded once again in the period, and the Spartans once again took advantage. Senior forward and captain Michael Ferrantino deflected a shot from freshman defenseman Zach Osburn past Frey, giving the Spartans their first lead of the night.That lead was not long-lived, as Weis tied it up at 3-3 three and a half minutes into the third period. That would be the final goal in regulation, and the two sides would go to overtime for the third straight game, where Jobst gathered a deflection off Hildebrand and put it into the net for the win.With the victory, the Buckeyes advance to the semifinals of the Big Ten tournament and are scheduled to face off with No. 1 seed Minnesota on Friday at 8:30 p.m. read more