THE move by Zim to join the 2M alliance on the Far East-US East Coast trade will reduce the group's existing capacity 18
THE move by Zim to join the 2M alliance on the Far East-US East Coast trade will reduce the group's existing capacity 18.4 per cent in September to 45,500 TEU, says Paris maritime researchers Alphaliner. Alphaliner also said total nominal capacity on that route will be reduced 5.2 per cent to 153,300 TEU from 161,700 TEU as in July, also noting this reduced capacity still represented a year-on-year growth of 2.7 per cent against the 149,250 TEU deployed last September.
Starting early September, the parties will operate five loops between Asia and the US East Coast. Zim will operate one loop and 2M will operate the others, all swapping slots with each other on all routes.
The new cooperation offers Zim customers a wider range of direct calls in Asia and the US and faster transit times, though the press release contained no port rotation.
