News: Taiwan-based shipping company Evergreen Line has joined shipping lines Cosco, K Line, Yangming and Hanjin to form the CKYHE Alliance. The formal launch of the alliance is scheduled on March 1, subject to compliance with the relevant regulations. The alliance, which is due to start operations in mid-April, will operate trades mainly between Asia and Europe, including the Mediterranean. The alliance has been set up to benefit customers with faster transit times and recurrent sailings. The alliance, which will also work towards reducing the CO2 emissions, will begin operations with six joint services between Asia and Northern Europe and four loops on the Asia-Mediterranean route.