G6 Alliance Expands Into Trans-Pacific TradeCreated by HButler on 2/6/2013 5:10:38 PM
The G6 Alliance announced it is moving into the trans-Pacific with the launch of joint services on the Asia-North America East Coast trades in May, a little over a year after its member carriers teamed up on the Far East-Europe route.
The alliance will deploy more than 50 container ships on six joint services through the Panama and Suez canals calling at almost 30 ports in Asia, North America East Coast, Canada, Central America, the Caribbean, the Indian subcontinent, the Mediterranean and the Middle East.
“Our cooperation in the Asia-to-Europe market has successfully provided customers with comprehensive service coverage as well as operating efficiencies,” the member carriers said in a joint statement.
“This new agreement will bring the same winning formula to the Asia-to-North America East Coast trade and benefit shippers trading in this key trade lane.”
The G6 Alliance, which was established in December 2011 and began operations in March 2012, merged the Grand Alliance of Hapag-Lloyd, NYK Line and Orient Overseas Container Line and the New World Alliance ofAPL, Hyundai Merchant Marine and MOL.
The new services, three of which will transit the Panama Canal and three the Suez Canal, will offer and increased sailing frequency than currently provided by the New World Alliance and the Grand Alliance combined.
“The six loops are the result of the merger and revision of several existing services separately offered by the two alliances. It also includes an entirely new service to form a comprehensive and competitive trans-Pacific network,” the carriers said.
- The Journal of Commerce.