India’s Oil Demand Drives CMB Tech Fleet Diversification
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
Hapag-Lloyd has secured a space charter agreement with Maersk and MSC, giving the German carrier access to certain 2M services in the Asia-Europe trade.
Hapag-Lloyd says the addition of the services will lead to high frequency of weekly departures, more routing options, and access to additional ports with high schedule reliability.
The space charter agreement will commence in March 2020.
Hapag-Lloyd says it will provide additional details regarding the services in the coming weeks.
Hapag-Lloyd is a member of THE Alliance with partners Yang Ming, Ocean Express Network (ONE), and new member Hyundai Merchant Marine.
Maersk Line and MSC launched the 2M Alliance in 2015. The 10-year vessel sharing agreement operates in the Asia-Europe, trans-Pacific, and trans-Atlantic trades.
Hapag-Lloyd says the agreement with Maersk will only cover selected Asia-North Europe services of the 2M.
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