The G6 Alliance is suspending one of its Pacific Atlantic services to Europe in response to the seasonal slowing of market demand. The Pacific Atlantic 2 (PA2) will temporarily stop calling European ports, and instead turn around on the U.S. East Coast. The service portfolio between Asia and North America East Coast continues unchanged.
After the service adjustment, the port rotation of the PA2 service will be as follows:
Kaohsiung, Busan, Kobe, Tokyo, Balboa, Panama, Colon Manzanillo, Miami, Jacksonville, Savannah, Charleston, New York, Norfolk, Charleston, Colon Manzanillo, Panama, Balboa, San Pedro, Oakland, Tokyo, Kobe, and Kaohsiung.
The schedule changes of PA2 are as follow:
* Last sailing heading to Europe on the APL Egypt 072E: Expected time of arrival (ETA) Kaohsiung November 16, 2014 and ETA New York December 19
* Last sailing from Europe on the APL Egypt 072W: ETA Rotterdam December 28 and ETA New York January 10, 2015
* First sailing of adjusted PA2 service on the APL Garnet 064E: ETA Kaohsiung November 23, ETA Miami December 21 and ETA New York December 26.
* First sailing of adjusted PA2 service starting from New York as turn port on the APL Garnet 064W: ETA New York December 26
The G6 Alliance members are APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines, Nippon Yusen Kaisha, and Orient Overseas Container Line.
Hapag-Lloyd, CSAV merger passes Mexican regulatory scrutiny
Meanwhile, Hamburg-headquartered Hapag-Lloyd announced that the Mexican competition authority has approved without condition its planned takeover of Chilean carrier Compañía Sud Americana de Vapores (CSAV) that will make the German container liner number four in worldwide liner shipping.
Hapag-Lloyd and CSAV signed a binding business combination agreement in April that is subject to the approval of regulatory authorities. Among others, the U.S. Department of Justice, the European Union, Chile, and Brazil have already cleared the planned transaction. Approvals of two regulatory authorities are still pending.
The transaction will make Hapag-Lloyd the fourth largest container shipping company in the world, with some 200 vessels, an annual transport volume of 7.5 million twenty-foot-equivalent units, and a combined turnover of about EUR9 billion (US$11 billion).
Photo: Rod Allday
