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THE Alliance counters the Ocean Alliance

HAMBURG: November 08, 2016. Member of the box carrier 'THE Alliance' - Hapag- Lloyd, 'K'Line, Mitsui O.S.K. Lines, NYK and Yang Ming – have announced they will provide 31 liner services to 75 ports with 240 vessels from April 2017.

K Line Vietnam The network will include 24 ports in Asia, 20 in the U.S. and Canada, six in Northern Europe, 13 in the Mediterranean, six in the Middle East and six in Central America/Caribbean.
In a joint statement, the box carriers said: "The product of THE Alliance is a milestone which will significantly improve the service offering for all shippers on the East West trade lanes."

On November 03 the Ocean Alliance of CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line said the launch of their operating agreement also in April 2017 will support 40 services linking 100 ports on East-West trades, with a combined capacity of 3.5 million TEUs.

The Ocean Alliance announcement followed a decision by 'K'-Line, Mitsui O.S.K. Lines, and NYK to form a joint venture to integrate their container shipping businesses. The aim is to save Yen110 billion annually and leverage their combined capacity of 1.4 million TEUs.

Last month 'K'-Line's car-carrying division, not part of the box venture nor the Alliance, formed a partnership with Vietnamese logistics provider Gemadept Corporation.

From a 20,000 sq. mt. facility near the Saignon Premier Container Terminal (right), the two companies are already providing car-storage, vehicle registration and Customs clearance for importers of cars, trucks and construction equipment. From January next year they will add pre-delivery inspection, parts installation, canopies, painting, repair and vehicle washing for importers.

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