GCTL8.com (FocusAsia Media Ltd)
LONDON, Nov 9 (FAM) – The Alliance yesterday announced details of the plan for its joint network starting from April 2017, but with one notable absence from the consortium’s list of original members: Hanjin Shipping, which went into receivership at the end of August.
The Alliance of Hapag-Lloyd, K Line, Mitsui O.S.K. Lines (MOL), Nippon Yusen Kaisha (NYK) and Yang Ming plans to deploy a fleet of more than 240 modern ships in the Asia-Europe, North Atlantic and Trans-Pacific trade lanes including the Middle East and the Arabian Gulf/Red Sea. The Alliance is scheduled to completion of all relevant regulatory requirements, with the members claiming it will be “the most integrated liner shipping consortia”.