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 Today


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

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

Container Ships

Asia-N.Europe Box Rates Jump 58 pct

Freight rates for shipping containers from ports in Asia to Northern Europe jumped 58 percent to $1,125 per 20-foot container (TEU) in the week ending Friday, a

Diana Containerships in Red, Suspends Dividend

Greece-based Diana Containerships Inc. has reported a second-quarter loss of $8 million, after reporting a profit in the same period a year earlier.   The shipping

Panama Canal: Assessing the Risk & Reward

The Panama Canal’s impact on shipping routes and vessel sizes since it opened in 1914 is undisputed. This will continue with the opening of a third channel for larger vessels in 2016.

News

Horizon Delivers Towboat Marty Cullinan for FMT

In June 2016 Horizon Shipbuilding, Inc. of Bayou La Batre, Ala. delivered the M/V Marty Cullinan, a 120’ towboat with a retractable pilot house, to its home port of New Orleans, La.

First US LNG Shipment Goes to China

The first liquefied natural gas vessel from the lower 48 U.S. states is on its way to China, according to a Reuters interactive map on Friday, the latest sign that

Swiber Applies for Judicial Management Instead of Liquidation

Singapore oilfield services company Swiber Holdings Ltd said on Friday it has applied to place itself under judicial management instead of liquidation.   Swiber

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
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: 0.1055 sec (9 req/sec)