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Lines link on transatlantic to combat falling volumes

Lines link on transatlantic to combat falling volumes

Tokyo: Grand Alliance members Hapag-Lloyd, Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL), together with ZIM Integrated Shipping Services, are cooperate with Hamburg Sud on the Atlantic Express Service (ATX).
 
The ATX service is currently operated by the Grand Alliance and ZIM. Port rotation will remain the same - Rotterdam, Hamburg, Le Havre, Southampton, New York, Norfolk, Charleston, Rotterdam. Initially chartering slots, Hamburg Süd may provide a vessel to the service at a later stage.
 
The agreement is still subject to FMC approval which is expected to be received by mid-June.  The cooperation is aimed at addressing the declining volume in the Transatlantic.  [01/05/09]

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