G6 Alliance Releases Details on New Service

Members of the G6 Alliance today released details on port rotations for the proposed service expansion to the Asia-North America West Coast and Trans-Atlantic trade lanes, announced in early December last year.

Subject to the completion of regulatory review process, the 17 services are scheduled to start in the second quarter of 2014.

“The G6 Alliance monitors market developments closely and is continuously seeking opportunities to improve our service offerings,” member carriers said in a statement. “With the introduction of the Asia-North America West Coast and Trans-Atlantic services, the G6 Alliance will further strengthen its position to meet shippers’ demand for more comprehensive, seamless and efficient services with competitive transit times. Further, each of the G6 Alliance members will be able to offer its customers significantly improved port-pair connections compared to their previous products.”

The G6 Alliance was formed in late 2011 and began operation in March 2012 in the Asia-Europe and Mediterranean trade lanes. The cooperation expanded to the Asia-North America East Coast trade lane in May 2013. With the proposed expansion, the G6 Alliance will provide a network covering all three major East-West trade lanes, operating a total of 29 services. The G6 Alliance members will continue to market these services individually as they do today.

The G6 Alliance members are: APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Orient Overseas Container Line.

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MOL, February 20, 2014

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