2M alliance partners – MSC and Maersk – recently announced plans for a strategic cooperation with Israeli container line Zim, which means the three carriers will share capacity between Asia and the US East Coast from September.
The parties will share five loops, which is expected to help each carrier manage capacity against demand better. The new alliance will introduce a new direct service between Laem Chabang port and East Coast ports and by adding a call at Colombo, will be able to facilitate India, Pakistan and Bangladesh.
Meanwhile on the trade, carriers are starting to reduce capacity ahead of the peak trans-pacific shipping season, as trade tension between China and the United States continues to rise.
The trump administration and China have been applying higher duty rates to the importing of each others products, which has added to the over capacity problems already present in the trans-pacific trade.
THE Alliance and Ocean Alliance are both expected to drop a vessel loop from their schedules during August. This follows the announcement last month that 2M suspended their Eagle service indefinitely, in addition to rationalising port rotations on three other services.
UniOcean Lines are continuing to operate our extensive service schedules with numerous vessel loops from Asia, including our Trans Pacific, Northern Europe, Australasia and Inter Asian services.
21st Century Representation
Interested in the many benefits of UniOcean Lines representation? Please complete our online Application Form.
The 21st Century Carrier
Find out how we combine the best of carrier and the best of local services through common goals.
With discussions continuing on Trump and China's interim trade agreements, volume on the transpacific trade has continued to plummet. This year is expected to see the first full year's decline in trade since the global financial crisis after months of disputes and...
PSA Thailand, a wholly-owned subsidiary of the global port operator PSA International, have announced a joint venture to develop and operate the Thai Prosperity container terminal in Bangkok, along with locally based logistics firm SCG. The two companies have formed...
After a period of very dry weather, the region around the Panama Canal has recently received enough rain to enable bigger vessels to travel through it.This year's lack of rainfall had resulted in many reductions in the draft size of vessels permitted through the...