Tuesday, May 19, 2015

Container Shipping Lines in Latest Vessel Sharing Agreement for Asia/South America Freight

Three Box Carriers Sign Up to Yet Another VSA
Shipping News Feature

SWITZERLAND – DENMARK – JAPAN – ASIA – SOUTH AMERICA – Three of the world’s leading container shipping lines have signed up to yet another Vessel Sharing Agreement (VSA), this one to operate between Asia and East Coast South America. Under the new VSA twenty two vessels belonging to the Mediterranean Shipping Company (MSC), Maersk Line and Mitsui O.S.K. Lines (MOL) will carry box freight on two new loops, offering extensive coverage on the following routes:

Loop 1: Busan, Shanghai, Ningbo, Chiwan, Yantian, Hong Kong, Singapore, Santos, Parangua, Buenos Aires, Montevideo, Rio Grande, Paranagua, Santos, Coega, Singapore, Hong Kong, Busan

Loop 2: Chiwan, Yantian, Hong Kong, Singapore, Santos, Sepetiba, Itajai, Navegantes, Sao Francisco do Sul-Santos, Sepetiba, Capetown, Durban, Singapore, Chiwan

MSC and Maersk Line will each operate six vessels of 9,000 TEUs on Loop 1. MOL will operate ten vessels of 5,500 TEUs on Loop2. Caroline Becquart, MSC’s SVP & Head of Asia Network and VSA’s commented:

“We are pleased to have signed this new vessel sharing agreement, it enables MSC to offer our customers improved reliability and wider port coverage. MSC will work hard to optimise the efficiency and utilisation of the network which can lead to improvements in our environmental performance.”

Transit times and final commercial schedules will be communicated once all berthing arrangements have been finalised with the terminals. The new VSA kicks off with the first vessel departure from the Far East during the first week of July 2015. It replaces all other VSAs in place on this route, which expire at the end of June. Alfonso Fusillo MSC’s SVP for Latin America explained the thinking behind the new schedules saying:

“These services offer our customers all kinds of new possibilities; direct connections between Rio Grande and Asia, between Busan and South America East Coast as well as two weekly sailings between Asia and Santos. The product we can offer is much improved.”