The shipping lines in The Grand Alliance and the New World Alliance have come together in a new grouping, the G6 Alliance.
The new Far East-Europe alliance brings together six carriers - NYK, Hapag-Lloyd and OOCL (from the TGA) and APL, HMM and MOL (from the NWA) - and nine services to offer, the members claim, fast transit times and improved port coverage. More than 90 ships covering more than 40 ports in Asia, Europe and Mediterranean are involved and it includes Bohai and Baltic loops.
"The new partnership will create one of the leading networks in the Far East-to-Europe and Far East-to-Mediterranean container shipping markets," say the lines in a joint statement issued in Hamburg, Seoul, Tokyo, Hong Kong and Singapore. "The integrated cooperation of these six lines will enable product and service features to be easily adjusted to market requirements.
“This is a milestone agreement that significantly improves service coverage in the Asia-Europe market. We will offer sailing frequencies and direct coverage that compete with anyone in the market."
The new alliance is scheduled to begin operation by April 2012 with seven joint services operating between Asia and Europe and two services to the Mediterranean. It includes a direct Far East-Baltic service with calls at Gdansk and Gothenburg as well as transhipment in Singapore.
The base-plan port rotation of the nine loops is as follows. Plans are subject to change based on changing market conditions: