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Tags 2M ALLIANCE

Tag: 2M ALLIANCE

2M Alliance continues Transpacific network updates

The 2M Alliance has been updating its Transpacific network to the US East Coast with the aim of better managing the current challenging market...

2M Alliance changes its Asia-North America sailing schedule

2M Alliance has decided to alternate its Transpacific network sailing in order to mitigate the impact of congestion in California and Asia as well...

Poor quality fuel sees MSC vessel stall in the Pacific

MSC has reported its 13,000TEU container ship MSC Ariane has suffered an engine failure due to poor quality fuel, which has caused the vessel...

Golden Week transpacific blankings reach Covid-19 peak levels

The capacity reductions which have been already decided by the shipping lines amidst the upcoming Chinese Golden Week are at similar levels to the...

Alliances’ blank sailings continue in the third quarter

Shipping alliances have announced third quarter void sailings due as the repercussions of the global pandemic continues to affect the trades and in spite...

Rate levels not costs key to mitigating carrier 2020 losses as lines cancel more services

Maintaining freight rate levels is key to maintaining carrier profits in this crisis hit year that has seen shipping lines slash services, managing capacity...

Demand plunge forces industry leaders to prolong service suspensions

German carrier Hapag-Lloyd and the 2M Alliance of Maersk and MSC have decided to prolong temporary suspensions of some of their services as demand...

SM Line cuts intra-Asia services to focus on transpacific trade

SM Line Corporation is shrinking its intra-East Asia services to focus on its transpacific routes now that it’s part of the 2M network with...

HMM expects second half profits

HMM CEO, Bae Jae-hoon expects cargo volumes to pick up during the usual seasonal peak in the third quarter 2020, as retailers in the...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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