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Zim, Grand end Asia-Med slot agreements

Markets

Friday, May 18, 2012

The ocean carrier Zim Line continues to cut ties with the Grand Alliance partners in the Asia-Europe trade as the carriers have ended mutual slot agreements on two loops between Asia and the Mediterranean. Zim will no longer purchase slots on the joint Grand Alliance and New World Alliance Asia-to-West Mediterranean service EUM, while the Grand Alliance carriers will no longer purchase slots on Zim’s Asia-to-East Mediterranean and Black Sea EMX service. The Grand...

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