13.8 C
Hamburg
Thursday, June 4, 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 - LR Sustainability Decarbonisation Digital Adverts

Latest Posts

South Korean liner alliance in dispute with Busan Port Authority

Korea Shipping Partnership (KSP), a quasi-alliance of South Korea's liner and feeder operators, are seeking arbitration with regard to Busan Port Authority's request that...

Rate levels not costs key to mitigating carrier 2020 losses as lines cancel more services

Maintaining freight rate levels is key to maintaining carrier profits in this crisis hit year that has seen shipping lines slash services, managing capacity...

CMA CGM boss sets carbon neutral target by 2050

French operator CMA CGM aims to be carbon neutral by 2050, according to Rodolphe Saadé, the chairman and CEO of the CMA CGM Group. Speaking...

Taipei distributes shipping industry loans

Taiwan’s Ministry of Transportation and Communications announced on 2 June that it has disbursed loans of TW$16.5 billion (US$550 million) to the shipping industry...

Dachser expands Nuremberg facilities

German logistics provider, Dachser, has announced it is investing in its location in Nuremberg, including expansion of transit terminals for industrial goods and food...