Grand Alliance enhances its Mediterranean-Asia loop M to include port call at Busan Grand Alliance is adjusting its service between the Mediterranean and Asia (EUM) in response to the increasing cargo volume. Busan will be included as a port of call in the service loop, and an additional eighth vessel will be deployed for the service. Ships deployed in EUM will be in an average capacity of approx. 6,500 TEU, replacing the present 4,400 TEU. The enhanced service will begin in week 25 of 2007. EUM will call at Busan, Shanghai, Ningbo, Shekou, Hong Kong, Singapore, Port Kelang, Damietta, Genoa, Barcelona, Fos, Damietta, Singapore and Hong Kong with a transit time of 56 days. The Grand Alliance is an integrated consortium in global container shipping. Its members are Hapag-Lloyd (Germany), MISC Berhad (Malaysia), NYK (Japan) and OOCL (Hong Kong).
The Grand Alliance, founded in 1998, is an integrated consortium in container liner shipping. Its members are Hapag-Lloyd, MISC Berhad, Malaysia, Nippon Yusen Kaisha (NYK), Japan, and Orient Overseas Container Line (OOCL), Hong Kong. The four member lines have extended their cooperation for ten more years. The member lines of the Grand Alliance are continuing their successful cooperation, and today Adolf Adrion, Executive Board member of Hapag-Lloyd AG, Niels Kim Balling
Günther Casjens, a member of the executive board of Hapag-Lloyd AG, is leaving the company at his own request with effect from March 1, 2004. "I greatly regret the decision, but must accept that Günther Casjens has other plans," stated Michael Behrendt, chairman of the executive board of Hapag-Lloyd AG, adding that he welcomed Mr Casjens' intention to remain linked with the company on an amicable basis. Günther Casjens joined Hapag-Lloyd AG in 1974 and has been a member of the executive
Grand Alliance members Hapag-Lloyd, Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL) announced on Feb. 18 that they will cooperate with ZIM in two strings in the trans-Pacific trade, with immediate effect. The scope includes North China and Japan, South China, South East Asia to Canada and US North West Coast (NWX and PNX services). The services will operate on a weekly basis with a round voyage time of 42 days (PNX) and 35 days (NWX) respectively
Grand Alliance members Hapag-Lloyd (HL), Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL), along with Partner ZIM Integrated Shipping Services Ltd (ZIM) are pleased to jointly announce the new co-operation with Hyundai Merchant Marine (HMM) within the Trans-Pacific All Water sector. The South China East Coast Express 2 (SCE2) will be launched on 12th May 2011, in conjunction with the enhancement of the established South China East Coast Express (SCE)
Mitsui O.S.K. Lines, Ltd. (MOL, President: Koichi Muto) , a Member of the G6 Alliance has announced plans to expand their cooperation to the Asia-North America West Coast and Trans-Atlantic trade lanes. The G6 Alliance said the expanded cooperation will provide customers with more service choices and increased sailing frequency. For example, on the Asia-North America West Coast trade, each G6 Alliance member will be able to offer almost twice as many sailings
Despite claims that most containerships operate on fixed-day weekly schedules, over 40% of vessels operated in liner services arrive one or more days late, according to a ground-breaking global survey from Drewry Container Shipper Insight. Drewry Shipping Consultants carried out what it believes is the liner shipping industry’s largest schedule reliability survey, based on the tracking of 3,300 vessel arrivals on 23 different east/west and north/south trade routes
Tsingtao Express deployed between Europe and Far East Hapag-Lloyd AG has expanded its fleet with another containership. The Tsingtao Express was named in Qingdao, China. It can carry 8,750 standard containers. The Tsingtao Express, named in the Port of Qingdao, is the second newbuilding that Hapag-Lloyd has integrated into its fleet in 2007. Five more vessels will follow until 2008. The Hamburg-based shipping line now has a globally deployed fleet comprising about 140 ships capable of
Vince Cook, CEO of Grand Circle Cruise Line, informs that the company has acquired the 'M/V Corinthian', a 98-passenger, ocean-going vessel that currently operates in Antarctica. They had chartered the ship for the past year and intend to expand the Corinthian's operations with the launch of three new small ship cruise itineraries in 2015. The ship was acquired for an undisclosed price from Travel Dynamics International, an operator of educational programs aboard small cruise ships
Hyundai Merchant Marine (HMM) is sailing into the THE Alliance. With the new charter deals it is now “one step closer to becoming a member of THE Alliance”, from which it was excluded when the mega-alliance was announced last month. According to a report in Business Korea, HMM president Lee Baek-hoon met with K Line president and CEO Eizo Murakami in Tokyo to discuss the former’s joining the THE Alliance
NATO has ended its Indian Ocean counter-piracy mission after a sharp fall in attacks, the alliance said on Wednesday, as it shifts resources to deterring Russia in the Black Sea and people smugglers in the Mediterranean. All ships and patrol aircraft have now left the area off the Horn of
The withdrawal of Hanjin tonnage has not been enough to rectify the trade’s supply-demand imbalance and headhaul ship utilisation is lower compared to other major East-West markets. Westbound volumes rose by 1.8% in the third quarter and the growth rate for the year to date is now
Container shipping lines are in danger of putting future port investment at risk in their demands for terminal handling cost reductions, according to the recently launched Ports and Terminals Insight report published by global shipping consultancy Drewry.
The world’s largest single-deck bulk/log carrier, Olive Bay, arrived Thursday at The Northwest Seaport Alliance’s West Hylebos log terminal in Tacoma. The terminal, operated by Seattle-based Merrill & Ring Forest Products
The proposed OCEAN Alliance between several of the world’s largest container shippers has received approval from the U.S. Federal Maritime Commission (FMC), allowing it to become effective Monday, October 24, 2016. The OCEAN Alliance, comprising COSCO Shipping, CMA CGM
Furetank and Älvtank extend the order with two more of next generation Intermediate Product/Chemical Tankers with LNG propulsion. Furetank Rederi AB and Rederi AB Älvtank have added the previous order with two more newbuildings. Last year a contract signed by the constellation Furetank
Chairman of the Federal Maritime Commission (FMC) in the USA, Mario Cordero, visited the Danish Maritime Authority today in connection with his participation in Danish Maritime Days. The Chairman of the FMC paid a courtesy visit to Director General of the Danish Maritime Authority
Members of the OCEAN ALLIANCE, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line, signed a document entitled the Day One Product, which sets out the proposed OCEAN ALLIANCE’s network, including port rotation for each service loop.
As part of the CMA CGM Group, APL will join the league of the world’s largest container shipping lines in the OCEAN Alliance from April 2017. Navigating forward as a member of the world’s third largest container shipping Group, APL is poised to serve a network coverage of 38 loops
With Ocean Alliance released its long-awaited network information, with members CMA CGM, China Cosco Shipping, Evergreen Line, and Orient Overseas Container Line to offer 40 services on the east-west trades with 498 port calls, battle looms in the global market as it challenges 2M
The members of THE Alliance announced the details of the plan for their product starting from April 2017. THE Alliance plans to deploy a fleet of more than 240 modern ships in the Asia /Europe, North Atlantic and Trans-Pacific trade lanes including the Middle East and the Arabian Gulf/Red Sea
In the last month, we have seen the Baltic Dry Index (BDI) recover to the same level it was 12 months ago (see circles in fig.1). Vessel values have started to firm, but not at the same rate and are still at historically low levels.
The planned merger between German container shipping line Hapag-Lloyd and United Arab Shipping Company (UASC) could be on the verge of gaining EU Antitrust approval, reported Reuters. The planned tie-up, which would create the world’s fifth-largest carrier is one step closer
Responding to reports that the Association of Arctic Expedition Cruise Operators (AECO) had reconfirmed its support of a ban on heavy fuel oil (HFO) from Arctic shipping during its annual general meeting, Clean Arctic Alliance advisor Dr Sian Prior said:
Hyundai Merchant Marine (HMM) has denied reports that it failed to join the global shipping alliance 2M that the company has sought for months as part of its normalization plan. According to Yonhap, "We are still in negotiations (with 2M) to iron out differences