The three members of the planned alliance Maersk Line, Mediterranean Shipping Co (MSC) and CMA CGM, currently hub in PTP, PSA in Singapore and Westports Malaysia in Klang, respectively.
Under the planned rotation PTP will become the main hub port for Asia – North Europe trade for the alliance while Singapore will be the hub for the Asia – Mediterranean trade. Port Klang will only feature on a reduced number of calls on both trades. PTP will have no calls on the Asia – Mediterranean trade for the alliance.
“The consolidation of the SE Asia hubs will enhance the position of Tanjung Pelepas, which will be the main P3 hub for North Europe, with seven out of the eight westbound calls at the port. Singapore and Port Klang will see the number of weekly calls to North Europe
shrink from three calls each to only one,” Alphaliner noted in its weekly newsletter.
“Singapore will act as the P3 hub for the Mediterranean, serving all five dedicated Mediterranean strings in both the westbound and eastbound directions. Port Klang will retain two westbound calls but will see the number of eastbound calls cut from three to one.”
AP Moller – Maersk terminal operating arm APM Terminals owns a 30% stake in PTP, while MSC affiliated Terminal Investment Ltd has a joint venture terminal in PSA in Singapore.
Weekly capacity on the Asia – North Europe trade is expected to be 104,000 teu and 63,000 teu on the Asia – Mediterranean.
The alliance aims to start operations in May next year, however requires regulatory approvals in the US, Europe and China.
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