Lloyd's List is part of Maritime Intelligence

This site is operated by a business or businesses owned by Maritime Insights & Intelligence Limited, registered in England and Wales with company number 13831625 and address c/o Hackwood Secretaries Limited, One Silk Street, London EC2Y 8HQ, United Kingdom. Lloyd’s List Intelligence is a trading name of Maritime Insights & Intelligence Limited. Lloyd’s is the registered trademark of the Society Incorporated by the Lloyd’s Act 1871 by the name of Lloyd’s.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction

CULines launches Dubai headquarters to grow Middle East business

Chinese carrier has unveiled a new regional headquarters in Dubai to enhance and grow its presence across the Middle East and Mediterranean

New entity will take over CULines’ Middle East and Mediterranean regional services, with plans to launch a new product in near future

CHINA United Lines is strengthening its presence in the Middle East and Mediterranean with the establishment a new outfit in Dubai.

The so-called CULines West Asia Company will serve as the regional headquarters for the Chinese carrier. Its functions include planning, operating and managing regional services, joint ventures and strategic investments, said CULines chairman Raymond Chen.

“The establishment of the West Asia company further improves our strategic footprint in India, the Middle East and the Red Sea region, following the setup of the India company last month,” Chen said.

Lloyd’s List understands that the IMR service, an India-Middle East-Red Sea regional loop launched last year, is now operated by the newly set up firm.

It will also take over CULines’ other Middle East and Mediterranean services, except those that include a Chinese leg, and plans to launch a new service in the near future.

CULines’ current Middle East services include two China-Red Sea routes, REX and REX2, with the latter transiting the Suez Canal up to the Turkish port of Izmit, in addition to IMR and six Asia-Middle East Gulf products.

Its ship agency services in the region are provided by Dubai-based Sharaf Group.

CULines is one of the young container shipping carriers that has rapidly emerged by capitalising on market opportunities arising from external disruptions since the pandemic.

It had previously leveraged bureaucratic disruptions during lockdowns, which interrupted the routines of more established players, to swiftly become a main line operator. But it retreated from Asia-Europe and transpacific trades almost as quickly when rates collapsed.

Attacks by Houthi rebels on commercial ships since late 2023 gave CULines another new opening to enter the high-yielding Red Sea market as bigger rivals pulled back.

 

 

Related Content

Topics

  • Related Companies
  • Related Places
  • UsernamePublicRestriction

    Register

    LL1152713

    Ask The Analyst

    Please Note: You can also Click below Link for Ask the Analyst
    Ask The Analyst

    Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

    All fields are required.

    Please make sure all fields are completed.

    Please make sure you have filled out all fields

    Please make sure you have filled out all fields

    Please enter a valid e-mail address

    Please enter a valid Phone Number

    Ask your question to our analysts

    Cancel