G6 Alliance plans transpacific, transatlantic expansion
The six containership companies that belong to the G6 Alliance are planning to expand their cooperation to the Asia-U.S. West Coast and transatlantic trade lanes. The new services are scheduled to begin in the second quarter of 2014, pending regulatory approval.
The G6 Alliance, which already cooperates in the Asia-Europe and Asia-U.S. East Coast trades, now plans to deploy about 76 ships across 12 services connecting 27 Asian and West Coast ports. Approximately another 42 ships will be deployed across five services including two pendulum services in the transatlantic trade lane, calling at 25 ports covering the East Coast, West Coast, Canada, Panama, Mexico, Netherlands, the UK, France, Belgium and Germany.
With this step, the G6 Alliance will provide a network comprising all East-West trade lanes, deploying a total of about 240 vessels to connect 66 Asian, American and European ports.
The move is the strongest response yet by a group of carriers to plans by Maersk, MSC and CMA CGM to form the P3 Network, which also plans to start operations in the second quarter of next year. They plan to deploy 255 ships with 2.6 million TEU capacity in 29 strings on the transatlantic, transpacific, and Asia-Europe trades.
The G6 Alliance said the expanded cooperation by its members will provide customers with more service choices and increased sailing frequency. For example, on the Asia-West Coast trade, each G6 Alliance member will be able to offer almost twice as many sailings compared to what is currently offered separately by The New World Alliance and the Grand Alliance.
The G6 Alliance is a combination of the three companies that belonging to the Grand Alliance (NYK, Hapag-Lloyd and OOCL) and the New World Alliance (APL, Hyundai Merchant Marine and MOL). The G6 Alliance was formed in late 2011, and the carriers began cooperating in the Asia-Europe trade in March 2012, entering the Asia-East Coast trade in May 2013.
The G6 members said they will provide details on services and port rotations for the new Asia-West Coast and transatlantic services at a later date.
“The proposed expansion will complement our existing services in the Asia-North America East Coast and Asia-Europe trades, allowing us to deploy the most suitable ship for each loop across the trades,” member carriers said in a statement. “With greater service flexibility and operational synergies, the G6 Alliance will have an even more resilient and robust network — giving shippers a wider coverage area and shorter transit times without reducing the total capacity.”
G6 Alliance members will continue to market their services individually as they do today.
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