Relevant, timely industry updates are important to keeping your business and your customers’ supply chains running smoothly. Knowing about disruptive events that may impact business allows you to develop contingency plans to mitigate these disruptions. As your dedicated partner, we offer the following transatlantic update regarding anticipated liner alliances service changes.
The G6 alliance – APL, MOL, Hapag-Lloyd, Hyundai Merchant Marine, NYK Line and OOCL -has announced that there will be temporary reductions in space allocations and port-pair connections between mid-May and the end of June. These adjustments are due to a realignment of their services and new network configurations.
P3 alliance – Maersk Line, MSC, and CMA CGM – is still awaiting approval from China so has not announced when their joint services will commence. Launch is slated for the second half of 2014. Maersk Line independently has announced transatlantic service changes that go into effect May 2014. Updates have not been received from MSC or CMA CGM, but when received further updates will be issued.
The CKYHE Alliance – Cosco, K Line, Yang Ming, Hanjin, and Evergreen – has limited transatlantic service coverage and no specific service updates have been received from alliance members.
Although the carriers are focusing on a smooth transition there will be an impact to transatlantic sailing schedule consistency.
We will make every effort to keep you informed and work with you to adjust freight planning to address this situation.
Long term, these alliances will offer greater allocation and more comprehensive services. They will feature faster transits, improved port pair connections and greater efficiencies. We’ll provide more information as it becomes available.