G6 Alliance Plans Expansion

MarineLink.com
Tuesday, December 03, 2013

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, compared to what is currently offered separately by The New World Alliance and the Grand Alliance.

“The proposed expansion will complement our existing services in the Asia-North America East Coast and Asia-Europe trades, allowing us to deploy the most suitable ship for each loop across the trades,” member carriers said in a statement. “With greater service flexibility and operational synergies, the G6 Alliance will have an even more resilient and robust network – giving shippers a wider coverage area and shorter transit times without reducing the total capacity.”

The G6 Alliance plans to deploy about 76 ships across 12 services connecting 27 Asian and North America West Coast ports. Approximately another 42 ships will be deployed across five services including two pendulum services in the Trans-Atlantic trade lane calling at 25 ports covering the U.S. East Coast, U.S. West Coast, Canada, Panama, Mexico, Netherlands, the U.K., France, Belgium and Germany.

With this step, the G6 Alliance will provide a network comprising all East-West trade lanes deploying a total of about 240 vessels connecting 66 Asian, American and European ports.

The new services are scheduled to begin in the second quarter of 2014, pending regulatory approval. Details on services and port rotations will be announced at a later date.

G6 Alliance members will continue to market their services individually as they do today.

The G6 Alliance was formed in late 2011 and began operation in March 2012 in the Asia-Europe and Mediterranean trade. The cooperation expanded to the trade lane between Asia and North America East Coast in May 2013.

The G6 Alliance members are: APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Orient Overseas Container Line.

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

People & Company News

Carnival Sails to Profit

The world's largest cruise company Miami-based Carnival Corp reported a net profit of $49 million, or 6 cents per share in the first quarter ended Feb. 28.   That

Ukraine Arrests Turkish Ship for Visiting Crimean Port

Turkey owned merchant ship flying the flag of Tuvalu was arrested by Ukrainian authorities over a visit it made to a port in Crimea, reports Reuters. The ship's captain detained.

USCG Flush Ice down River Systems to Facilitate Shipping

The Coast Guard cutter fleet is flushing ice through the Great Lakes river systems to prevent ice jams and facilitate commercial shipping as the shipping season

Container Ships

Mediterranean Rescue Operations Strain Shipping

The Wall Street Journal ran a story yesterday describing how the increasing number of seaborne migrants making the journey from Africa to Europe has not only

Hamburg Süd Christens Third San Class Ship

Hamburg Süd christened its third container vessel in the new San class yesterday, officially naming newbuild San Vicente at the Cuenca del Plata terminal in Montevideo.

Asia-Europe Box Rates Fall Almost 6 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 5.5 percent to $586 per 20-foot container (TEU) in the week ended on Friday,

News

Is China Building a Naval Base in Africa?

Recently, The Namibian reported the existence of a "confidential letter from Namibia's ambassador to China, Ringo Abed, to Namibia's foreign minister stating that

JV Wins $2bln Freeport LNG Contract in US

A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural

Puerto Rico Readies for Largest Cruise Ships

Thanks to a pier expansion and enhancement, Puerto Rico will welcome the two largest cruise ships in the world, Royal Caribbean International’s Oasis of the Seas and Allure of the Seas, in 2016.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Salvage Shipbuilding / Vessel Construction
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: 0.1630 sec (6 req/sec)