Another Chinese shipping company has been established!

Recently, the global shipping market will welcome a new member – Greta Shipping, which will launch its first batch of three route services connecting the Middle East and the Indian subcontinent.
This shipping company, registered in Singapore in March 2024 and wholly controlled by China Xiamen Jianfa Group, will officially commence operations in mid August.
It is reported that Greta Shipping’s JKX route will connect the Middle East hub of Jebel Ali and the main port of Karachi in Pakistan. The company’s recently leased 2444TEU container ship “Hui Fa” will depart from Jebel Ali Port on August 15th, launching this service. Leading shipping company Hapag Lloyd will participate in the co cabin cooperation.
In addition to the JKX route, Greta Shipping will also launch two route services, JIX1 and JIX2, both of which are operated through a shared cabin agreement with Hapag Lloyd.
The JIX1 route service will be launched on August 11th and will operate on the Jebel Ali Navasiwa Jebel Ali route of Hapag Lloyd’s existing IG1 route.
The JIX2 route service will be launched on August 13th, and Greta Shipping will receive the KWF route service cabin from Hapag Lloyd, which is expanding to Gandra on the west coast of India.
It is reported that these three routes operate once a week, transporting dry goods, refrigerated goods, and dangerous goods, seamlessly connecting with the main route networks in the Middle East, East Africa, and the Red Sea. Greta Shipping will focus on regional feeder routes and provide ‘reliable connections’ in emerging markets, while planning further expansion in the region.
Currently, the global shipping industry is facing multiple challenges such as the diversion of Red Sea routes, ongoing geopolitical and shipping turbulence. Greta Shipping’s entry is timely and may inject new variables into the industry
Source: Weiyun Network