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

Marine Electronics

INTERSCHALT Expands Africa, Asia Service Networks

INTERSCHALT maritime systems AG, the provider of maritime software, services and supplier of Voyage Data Recorders (VDR 4G[e] and s-VDR) has expanded its network

G&D Launches US Subsidiary

German KVM company Guntermann & Drunck GmbH (G&D) announced it will distribute its equipment from new U.S. subsidiary G&D North America Inc. in Miami, Fla.      With

VesselVanguard Partners with Hatteras Yachts

VesselVanguard announced today a new partnership with Hatteras Yachts to provide a five-year subscription for its award-winning maintenance management solution

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pipelines Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1364 sec (7 req/sec)