Top Lines Resign From EPIC

Friday, January 03, 2003
Three members of the Europe, Pakistan, India Consortium (EPIC) - which operates container shipping services in the trade between Europe, the Middle East and Indian sub-continent - have given notice to the other consortium members. The three will resign from membership of EPIC from July 2003.

Subject to regulatory approval, CMA CGM, Contship Containerlines and P&O Nedlloyd will form a new consortium to be called EPIC 3. Within the new consortium, the three container shipping lines will maintain current service levels with a seven-ship fleet comprising of five ships in total from Contship Containerlines and CMA CGM, plus two from P&O Nedlloyd. Today the consortium members provide fixed-day weekly services, with some of the fastest transit times on the route which will be maintained by the members of EPIC 3.

The prospective EPIC 3 members say this configuration will ensure continuity of the capacity available through the new service agreement. The EPIC consortium boosts several years of operation and was a pioneer of the Europe, Middle East, India-Pakistan, Europe 'triangle' which works by balancing the higher export volumes from Europe to the Middle East, with the busier import volumes from India/Pakistan to Europe.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Electronics

New Leadership at Alphatron Marine

Alphatron Marine announced that Arno Metzemakers will join the company's management team as General Manager responsible for all operational matters worldwide, effective June 1.

GOST, Phantom Rescue Fight to end Child trafficking

GOST (Global Ocean Security Technologies), a world leader in marinesecurity, tracking, monitoring and video surveillance systems, announced today that it has partnered

Danelec Bags Multiple VDR Orders in Middle East

Danelec Marine, along with distribution partner Elcome International, is to supply Danelec DM100 Voyage Data Recorders (VDRs) for 14 ships in the Middle East.   The

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators
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: 0.0602 sec (17 req/sec)