By Mike Wackett (The Loadstar) - Alphaliner’s analysis of Ocean Network Express’s Day ONE service network from April 1 – outside THE Alliance – reveals only “minor changes” to the current offerings of Japanese carriers K Line, MOL and NYK. “The Africa and Oceania routes will see no changes, with all current 3J service coverage retained,” said the consultant. It added … [Read more...]
Japanese Carriers Looking Forward to ‘ONE’ Network Launch
By Mike Wackett (The Loadstar) - K Line, MOL and NYK are banking their future group profitability on the success of the Ocean Network Express (ONE) – the merger of the Japanese transport groups’ respective container businesses scheduled for April. According to reports, the trio say they expect to save ¥50bn ($440m) in costs in the first fiscal year ending 31 March 2019m … [Read more...]
Ocean Alliance Faces Major Network Shake-Up as ULCV Arrivals ‘Rock the Boat’
By Gavin van Marle (The Loadstar) - The Ocean Alliance is facing a profound network shake-up as its members prepare to welcome a large tranche of ultra-large containership (ULCV) capacity next year. Yesterday saw the unveiling of the 2018 service network for its members, Cosco, CMA CGM, Evergreen and OOCL. While its rivals – the 2M and THE alliances – have relatively … [Read more...]
BBC Chartering, Jumbo Shipping Launch Project Cargo Alliance
Netherlands-based heavy lift shipping company Jumbo Shipping has teamed up up German project cargo specialist BBC Chartering to launch an exclusive alliance that will compete in the global project logistics segment. The alliance, known as the Global Project Alliance, brings together two market leading companies with reputed heavy-lift expertise and massive fleet capacity. … [Read more...]
Lack of Ultra-Large Containerships Could Cost THE Alliance Members
By Mike Wackett (The Loadstar) - THE Alliance could find itself on the wrong side of a $500 per teu cost differential on the key Asia-North Europe trade due to its members’ failure to order more ultra-large container vessels (ULCVs), according to new analysis from Alphaliner,. Recently confirmed orders for nine 22,000 teu ULCVs by CMA CGM (Ocean Alliance) and 11 similar … [Read more...]