Orient Overseas Container Line (OOCL) is to launch its new A3 Express Loop (A3X), offering a direct connection between China and Australia.
The express route will operate alongside the carrier’s A3N, A3C, and A3S services.
A3X’s port rotation is as follows: Shanghai (China) – Shekou (China) – Brisbane (Australia) – Sydney (Australia) – Shanghai.
The service will first set sail from Shanghai on 31 May 2022.
The COSCO-owned shipping line also recently saw a 71 per cent increase in revenue in the first quarter of 2022.
OOCL’s income for the period soared to $5.16 billion. This was primarily driven by severe congestion around the network, which also drove down liftings by 9.2 per cent and loadable capacity by 6.5 per cent.