G6 Alliance Implements Asia-Europe Winter Program

In preparation for the vessel maintenance schedule in the winter and consideration of the forecasted lack of improvements in the market environment in the Asia-Europe trade, the members of the G6 Alliance have decided to temporarily suspend their Loop 3 service between the Far East and Europe until further notice.

The last sailing for Loop 3 will be OOCL Hamburg departing from Shanghai on October 6. All ports will be covered by other services.

The G6 Alliance will continue offering a variety of services between the Far East and Europe covering all major port pairs with weekly sailings. The market environment will be closely monitored for the resumption of the Loop 3 service accordingly.

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

[mappress]

Source: NYK, September 3, 2012