Thursday, December 4, 2014

2M Container Shipping Alliance Publishes East - West Freight Schedules and Route Details

Vessel Sharing Arrangement Gets Ready to Sail
Shipping News Feature

WORLDWIDE – The tacit agreement made between the world’s two largest container shipping lines back in July 2014 appears to be taking shape. The P3 network which the two, Maersk Line and Mediterranean Shipping Company S.A. (MSC) had hoped to form with CMA CGM was shot down by Chinese regulators a month previously but the new 2M vessel sharing arrangement (VSA) has now been accepted worldwide and details of the sailing schedules are being released.

The plans for P3 and 2M differed fundamentally in that there would have been a centralised administration centre to control P3 vessel schedules whilst 2M is simply two lines making optimum use of space and setting rates individually. Operating a total of 2.1 million TEU capacity the pair aim to deliver improved services with an increased number of port pairs, more direct port calls and improved transit times.

The plan is to enable both companies to offer more weekly sailings and both say they will continue to work with global regulators to ensure all their operations are met with approval.

This link will give access via the MSC site to full East – West service schedules available from mid-January 2015 but the company advises that it anticipates minor changes as it liaises with suppliers and finalises plans. Potential customers should contact their regional office for updates and information.