Friday, December 11, 2015

New Vessel Sharing Agreement Sees Container Freight Service Revisions

Reduced Strings but Promise of Improved Transit Times
Shipping News Feature
ASIA – LATIN AMERICA – A revision of the vessel sharing agreement between the world’s second largest container company, Mediterranean Shipping (MSC) and Hapag-Lloyd, Hamburg Süd, CMA CGM, China Shipping and Hyundai, running between Asia and several South American countries, has been announced this week. Freight normally routed via four strings will now travel on the three new strings as detailed below carried on vessels ranging between 7,100 and 9,000 TEU.

MSC says the rationalisation is essential to maintain long term service continuity whilst offering wider port coverage and faster transit times. MSC’s port coverage will increase with the Line now offering services to/from Keelung, Yantian, Ningbo, Yokohama, Iquique, Coronel, Lirquen, San Antonio, Guayaquil and Ensenadas. The number of weekly sailings available to customers will also increase from one sailing per week to three. Caroline Becquart, MSC Senior Vice President Asia and Head of VSA’s commented:

“This VSA enhances MSC’s service offering and gives our customers much more choice including a wider selection of ports, more weekly sailings and improved service reliability. It is no secret that the reduced demand on the trade made this VSA a necessity.”

Berthing windows are currently being finalised and therefore, MSC expects to communicate transit times next week. The Swiss headquartered company has invested heavily in its logistics arm, Medlog, which operates its multimodal services with a road haulage operation drawing on the services of over 1,200 trucks, 100 depots and 20 warehouses across the globe. Throughout the West Coast of Latin America, MSC has a team of over 950 people whilst the company owns offices in Bolivia, Chile, Colombia, Ecuador, Mexico, Panama and Peru. Alfonso Fusillo, MSC Senior Vice President Latin America observed:

“For many years, MSC has been investing across the supply chain. Today, MSC is in a strong position to offer our customers a door-to-door logistics solution. Over the years, we have invested in trucks, trains, depots, terminals and warehousing that we know adds value to our clients operation.”

Rotation of the three revised strings is as follows:

AZTEC 10 x 9,000 TEU vessels First sailing: 23/12/15

Qingdao, Ningbo, Shanghai, Busan, Yokohama, Ensenada, Manzanillo, Lazaro Cardenas, Balboa, Buenaventura, Guayaquil, Balboa, Manzanillo, Ensenada, Yokohama, Busan, Qingdao.

INCA 10 x 7,100 TEU vessels First sailing: 26/12/15

Keelung, Hong Kong, Yantian, Xiamen, Ningbo, Shanghai, Busan, Manzanillo, Callao, Iquique, Puerto Angamos, Valparaiso.

ANDES 12 x 9,000 TEU vessels First sailing: 26/12/15

Busan, Shanghai, Xiamen, Chiwan, Hong Kong, Busan, Manzanillo, Lazaro Cardenas, Balboa, Buenaventura, Callao, San Antonio, Coronel, Lirquen, Puerto Angamos, Callao, Lazaro Cardenas, Manzanillo, Busan.