mai hien

NOL rules out seventh G6 Asia-Europe loop
Friday, 04 May 2012 02:04

nolThe G6 alliance of container shipping firms, which includes Singapore-listed Neptune Orient Lines' APL container line, said that it wouldn't implement a seventh service, or loop, on the Asia to North Europe trade lane due to unfavourable market conditions, reported Dow Jones Newswires.

The alliance of shippers was expecting to implement the seventh loop in March, but shelved the plan due to unsuitable market conditions at that time. The loop had been under consideration since the alliance was formed late last year.

ZIM to resume Asia-North Europe service
Friday, 04 May 2012 01:53

zimZIM’s Asia Europe Express Service (AEX2), connecting major ports in Asia and North Europe, is to be re-instated this month. 

In view of increasing demand and recovering freight rates in the trade, ZIM, along with its partners on this line, Evergreen and CSCL, reached a joint decision to resume AEX2 operations as originally planned. The service was suspended as part of a “winter plan” agreed upon by partners.

G6 Alliance decides to maintain current 6-loop product structure for Asia-Europe service
Thursday, 03 May 2012 02:06

happag lloydMembers of the G6 Alliance announced today that they will maintain the current 6-loop product structure and not reinstate the planned Loop 2 Asia-Europe service. This loop was originally developed as one of the seven loops between Asia and North Europe jointly provided by the six members. 

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