THE Alliance, which comprises container lines, Hapag-Lloyd, HMM, Ocean Network Express (ONE), and Yang Ming, said its Asia – North Europe FE4 loop would remain suspended.
On the Asia – Med trade four sailings would be blanked in August, while seven sailings to the transpacific west coast would be voided. On the transpacific east coast services via the Suez and Panama Canals the EC3 and EC1 services would remain merged with the exception of week 33.
On the Asia – Middle East trade there would be one blank sailing in August, and the AG1 and AG3 loops would remain merged. On the transatlantic trade there would be two blank sailings.
THE Alliance will continue to closely monitor the market situation and respond efficiently by restructuring their service scheme to meet market demand," ONE said.
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