EAS International Shipping

Jinchon Ferry orders new ro-ro ferry after 20 years

Tianjin-Inchon International Passenger & Cargo Shipping (more commonly known as Jinchon Ferry), which operates a passenger-and-container service between South Korea’s Incheon port, and China’s Tianjin port, has ordered a new container-carrying ro-ro ferry.

Commissioned for KRW63 billion (US$56 million) at China’s Huanghai Shipbuilding, the vessel is a replacement for Jinchon’s only vessel, the 1990-built Tian Ren, which was sold for scrap in July 2020. Jinchon had acquired Tian Ren second-hand...

https://container-news.com/jinchon-ferry-orders-new-ro-ro-ferry-after-20-years/

PIL fire sale continues with feeder pair

PIL has sold two more ships, as the troubled Singaporean liner operator continues its asset sales to bolster its balance sheet.

One of the ships, 2000-built 1,728TEU Kota Jati, was purchased by Chinese intra-Asia carrier, EAS International Shipping, and has been renamed EAS Osaka.

EAS operates services between China, South Korea and Japan, using a fleet of elderly vessels. The company is owned by Chinese property group Tianjin Yicheng, which acquired EAS from Malaysian conglomerate Kuok Group in...

https://container-news.com/pil-fire-sale-continues-with-feeder-pair/