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 Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Electronics

NMEA Award for Simrad HALO Pulse Compression Radar

Simrad HALO Pulse Compression Radar has been awarded the Technology Award at the 2015 National Marine Electronics Association (NMEA) Conference and Expo in Baltimore, Md.

TRON 40VDR a Big Hit First Year of Launch

In September 2014, after several years of development in close collaboration with major VDR manufacturers, the Jotron combined float free emergency position

Maersk to Install Inmarsat's Entertainment Service

The leading provider of global mobile satellite communications services, today announced that Maersk Tankers, the owner and operator of one of the world’s largest fleets of product tankers,

Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Port Authority Salvage Ship Electronics Ship Simulators Sonar
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: 0.1024 sec (10 req/sec)