2.6 C
London
Wednesday, February 26, 2020
Home Services MSC unveils new cooperation and updated Transpacific network

MSC unveils new cooperation and updated Transpacific network

Mediterranean Shipping Company has announced that it has made a new cooperation deal with SM Line, beginning on 1 April 2020, when 2M Alliance’s (an alliance between Maersk Line and MSC) – space agreement with Hyundai Merchant Marine will have expired, 31 March.

MSC said the new cooperation will ensure the continuity of services between Asia and the West Coast of North America, with improved services to the Pacific North West.

The new agreement with SM Line is separate from the 2M Vessel Sharing Agreement between MSC and Maersk, and the services of 2M and SM Line will complement each other, according to the statement.

It consists of a combination of slot exchanges and slot purchases among the three parties – MSC, Maersk and SM Line – and it is subject to regulatory approval.

Six weekly MSC services between Asia and the West Coast of North America

With the new agreement, MSC will be in a position to continue to offer six weekly services between China, South Korea, Southeast Asia and the West Coasts of the US and Canada.

Here are the full port rotations for MSC services on its updated transpacific network:

Asia-US-Network.JPG

MSC highlights that from April it will offer three Pacific North West region services, instead of the single Pacific North West service in place today.

In addition, the Swiss shipping giant says that transit times will become more competitive from key Asian ports of loading to the West Coast of North America.

MSC, also, notes that the new MSC Rose service, spanning China, South Korea, Canada and the US states of Washington and Oregon, will benefit from exclusive access to space on SM Line’s Pacific North West Service.

MSC adds that its existing services to the US East Coast and Gulf remain unchanged and, also, the agreement between 2M and ZIM in the Pacific North West region remains in full effect.

- Advertisment -your ad here

Latest Posts

CMA CGM applies another PSS from Mauritania

CMA CGM has announced another peak season surcharge application from Mauritania, from 1 March 2020, date of loading (except USA/Canada/Brazil trades: 23 March 2020)...

Hapag-Lloyd applies surcharges from Mundra

Effective as of 3 March 2020 (Gate In date), Hapag-Lloyd will apply a Peak Season Surcharge (PSS) for all cargoes from Mundra to Arabian...

APL announces Asia – Indian Sub void sailings

APL announces the following void sailing on its Asia-Indian Subcontinent services to ensure balance between supply and demand in March: Service Vessel Voyage First Port ETA Port Rotation AS1 Asia Subcontinent...

Minimal sale and purchase activity a reflection of depressed market

Macroeconomic indicators remain depressed with the International Monetary Fund revising its China GDP growth downwards by 0.4% to 5.6% for 2020 as a result...

The Daily MABUX Bunker Index – 25 February

While Coronavirus is continuing to challenge shipping worldwide, it is having an effect on global and regional indices for fuel prices that are significantly...