AP Moller-Maersk, CMA CGM, Ocean Network Express (ONE), Hapag-Lloyd and MSC have joined hands to form a new container shipping association to pave the way for digitalisation, standardisation and interoperability in the container shipping industry.
Mediterranean Shipping Co (MSC) has followed its alliance partner Maersk Line in announcing a new fuel surcharge from 1 January 2019 to take into account the additional cost of the IMO’s 0.5% global sulphur cap from the start of 2020.
MSC has become the latest line to divert one of its services away from the Port of Felixstowe as disruption and delays continue at the UK port following the introduction of a new terminal operating system in June.
It was a photograph of a small containership that took my attention. She is currently operating for one of the world’s biggest operators, but is 36 years old. This might appear strange, when container vessels twenty years younger are being laid up in some numbers, in the expectation that they are unlikely to trade again.
The 2M Alliance comprising Maersk Line and MSC has entered into a long term cooperation with ZIM Integrated Shipping on the Asia – US East Coast trade.
Maersk Line is diverting one of its transatlantic services with MSC and its COEX service to the Port of Liverpool for 12 weeks from Felixstowe which has been hit by delays over the last month since installing a new IT system.
The Port of Felixstowe is continuing to experience operational delays due to a new terminal operating system installed nearly a month ago, however, says productivity is now 80% of the levels prior to the new system going live.
Last week marked what was essentially the beginning of the end of the latest round of container shipping consolidation. Ocean Network Express (ONE) held its official launch reception in Singapore on Thursday, and day later all the conditions being meet for Cosco Shipping's acquisition of Orient Overseas International Ltd (OOIL), owners of Orient Overseas Container Line (OOCL).
Maersk Line and MSC under the 2M alliance have suspended one of their joint transpacific services as the trade faces falling rates and the impact of a trade war between the US and China.