APL, Maersk and OOCL yesterday announced a new cooperation on three existing Far East to Indian Subcontinent services, starting in February 2014.
In a Slot Sharing Agreement that also includes partners CMA CGM, Emirates Shipping Line, Hamburg Süd and Regional Container Lines, 18 vessels with a total capacity of about 17,500 TEU will be deployed to the three Far East-Indian Subcontinent services.
The enhanced services will enable the carriers to offer three weekly sailings – covering China, Korea, India, Pakistan, Malaysia and Singapore – compared to one weekly sailing currently offered independently by each liner.
“Our multi-carrier cooperation will provide more frequent sailings between Asia’s major trading hubs, and at the same time eliminate unnecessary service duplications,” the partner carriers said in a joint statement. “With improved operational efficiency and a more comprehensive service structure, the enhanced Far East-India Express services suite will offer shippers flexible and competitive options best catered to their needs.”
The new port rotations for the three services are as follows:
OOCL, January 15, 2014