2M Alliance suspends transpacific loop
THE 2M Alliance of Maersk Line and Mediterranean Shipping Co (MSC) is suspending its transpacific TP1/New Eagle service from week 27 with departure from Busan on July 4 until further notice, MSC said
24 June 2018 - 19:06
The loop has a rotation of Kaohsiung, Yantian, Xiamen, Shanghai, Busan, Vancouver (Canada), Seattle, Yokohama, Busan and Kaohsiung.
Six vessels averaging 4,624 TEU operate on the loop, according to BlueWater Reporting. MSC provides four of the vessels, while Maersk supplies the other two.
The TP1/New Eagle has the smallest vessels of the five 2M Alliance services currently operating on the Asia West Coast of North America trade, according to BlueWater Reporting.
Effective with voyage 826N, cargo originally intended to be loaded on the TP1/New Eagle will be covered by the 2M Alliance's transpacific TP9/Maple service, according to MSC's contingency plan, reports American Shipper.
MSC said the TP1/New Eagle is being suspended due to 'the challenging operating environment for business on the transpacific trade.'
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