Grand Alliance Re-routes EU3 Service

Wednesday, February 25, 2009

Grand Alliance members Hapag-Lloyd, MISC Berhad, Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL) will re-route all eastbound EU3 service vessels around the Cape of Good Hope, instead of transiting the Suez Canal. Presently there are no changes planned for the westbound trade.

The decision, which takes place with immediate effect, is in response to high Suez Canal toll fees, which are difficult for carriers to afford in the current economic environment.

Port rotation of EU3 remains the same: Southampton / Hamburg / Rotterdam / Port Kelang / Singapore / Shekou / Hong Kong / Ningbo / Shanghai, with an extra seven days added to the schedule due to the diversion. 10 ships of 8,000+ TEUs are operating on the service.

The Grand Alliance will consider re-routing more services if the overall economic situation is not improving.

The Grand Alliance, formed in 1998, is an integrated consortium in global container shipping. Its members are Hapag-Lloyd (Germany), MISC Berhad (Malaysia), NYK (Japan) and OOCL (Hong Kong).


Container Ships

Maersk Line's Innovative Smart Reefers

Have you heard about Maersk Line's smart reefers that can listen and talk? Cutting edge technology that reduces risk in customer supply chain, claims Maersk Line.

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Hapag-Lloyd: UASC Merger Benefits to show in 2017

German container shipping line Hapag-Lloyd expects to reap a third of targeted annual synergies of $400 million from the planned merger with Arab rival UASC already next year,

 
 
Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0737 sec (14 req/sec)