Daily Digital Magazine: Pg. 2 — January 10, 2019

ZIM and 2M expand cooperation

ZIM, Maersk and MSC announce that they will share space on four additional services.

   ZIM and the 2M Alliance of Maersk Line and Mediterranean Shipping Co. said they will cooperate on four additional services — two on routes between East Asia and the Pacific Northwest and two on routes between ports in Asia and the Mediterranean.
   The service changes are expected to begin in March, subject to approval by the U.S. Federal Maritime Commission and other regulators.

ZIM and 2M expand cooperation

ZIM, Maersk and MSC announce that they will share space on four additional services.

ZIM and 2M expand cooperation

ZIM, Maersk and MSC announce that they will share space on four additional services.

 
Continued from previous page
   ZIM and the 2M Alliance of Maersk Line and Mediterranean Shipping Co. said they will cooperate on four additional services — two on routes between East Asia and the Pacific Northwest and two on routes between ports in Asia and the Mediterranean.
   The service changes are expected to begin in March, subject to approval by the U.S. Federal Maritime Commission and other regulators.
   The agreement follows a cooperation agreement the three companies announced last summer that went into effect in September on services between Asia and the U.S. East Coast.
   “Having successfully implemented our strategic cooperation, we are very pleased to expand the partnership with ZIM into additional geographies,” said Søren Toft, chief operating officer at A.P. Møller – Maersk. This agreement delivers mutual benefits to both parties. For Maersk it provides operational efficiencies that will enable our continued drive to deliver competitive and reliable products for our customers in the world’s most comprehensive east-west network.”
   Eli Glickman, chief executive officer of ZIM, said, “This is a major strategic step, upgrading ZIM’s competitiveness.”
   “We are very proud to team up with the two largest players in the industry and to expand our cooperation with the 2M Alliance. The new strategic agreement means faster and more efficient service with better geographic coverage and extended direct port calls for the benefit of our customers, in line with our vision to provide best-in-class service,” he added. “We will significantly increase our ability to provide the best of both worlds: top-level line coverage combined with our exceptional customer service and personal touch. The agreement is a game-changer, and I am confident it will support ZIM’s growth and profitability.”
   ZIM said the agreement will involve vessel sharing, slot exchanges and purchases and that its capacity will remain about the same.
   In the Pacific Northwest, ZIM will contribute four 8,500 TEU ships to the seven vessel string in what is now Maersk’s TP9/MSC’s Maple service. ZIM will call it the ZIM Pacific Pollux (ZP9) service. Currently Maersk operates all seven ships in the string.
   ZIM said the new services will replace its ZIM Med Pacific or ZMP service.
   Maersk said, “Part of the ZIM slots on the TP9 will be swapped for access to slots on the fully 2M operated TP8 service. There will be no schedule changes to the TP8 and TP9 services."
   While Maersk and MSC will continue to offer service to Long Beach and Oakland on the the TP8/Orient Service, Zim will not what use what it calls the ZP8 Pacific Procyon string to serve California, but will only use it for cargo moving to and from Prince Rupert.
   “Between Asia and the Mediterranean, ZIM gets access to 2M slots on the AE12 and AE15 services. There will be no changes to the AE12 and AE15 schedules, which were announced in December 2018 as part of a network upgrade to further improve Maersk schedule reliability between Asia and Europe/Mediterranean. Those changes are to start on westbound sailings in March 2019.”
   ZIM said its rotation on the four services will be as follows:
   • ZIM Pacific Pollux (ZP9): Kaohsiung – Xiamen – Yantian – Ningbo – Shanghai – Busan – Vancouver – Seattle - Yokohama – Busan – Kaohsiung.
   • ZIM Pacific Procyon (ZP8): Xingang – Qingdao – Shanghai – Busan – Yokohama – Prince Rupert – Xingang.
   • Sirius Line (ZAS): Xingang – Dalian – Pusan – Shanghai – Ningbo – Shekou – Singapore – Port Said East – Haifa – Port-Said East – Singapore – Xingang. Maersk calls this the AE12, MSC calls it the Phoenix.
   • Spica Line (ZMS): Pusan – Shanghai – Ningbo – Shekou – Singapore – Port Said East – Yarimca – Istanbul – Asyaport – Piraeus – Singapore – Shekou – Pusan. Maersk calls this string the AE15, MSC calls it the Tiger.
   ZIM's schedule omits some ports that Maersk and MSC call with these two Asia-Europe strings.
   ZIM said that to supplement and complement its services in the East Mediterranean it “will introduce a new array of exclusive, ZIM-operated feeder lines synchronized with the mainliners and catering to the regional market in a comprehensive and efficient way. A full, detailed announcement regarding the new regional network will be issued separately.”
Our industry is hoping the talks currently under way will bring an end to this ill-advised trade war and result in a more appropriate way of responding to China’s trade abuses that won’t force American consumers, workers and businesses to pay the price.
CMA CGM has begun purchasing slots on the Evergreen Line/Emirates/CMA CGM/KMTC/COSCO - AGI. The AGI also has added the vessel Beijing Bridge, which increased the vessel count from five to six and increased the total capacity by 4,378 TEUs or 21 percent.
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