AE2 Service Returns Despite Demand
The 2M Alliance, led by Maersk and MSC, have reportedly confirmed plans to restore their jointly operated ‘AE-2/Swan’ Far East – Europe service, after previously suspending the service for three months.
The loop traditionally operates between China and Korea in Asia and Rotterdam, Felixstowe and Antwerp in Europe, and is due to recommence in December.
The plans have caused some controversy as initially the 2M carriers had suggested that the service would not resume until a sufficient recovery of demand on the trade warranted its re-launch.
The loop will add another 6% to the total capacity on the trade despite uncertainty over the strength of the market going forward.
The AE2 service loop:
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