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Maersk and MSC give Asia-Med the megamax treatment

2M, the vessel sharing agreement between the world’s two largest liners, MSC and Maersk, is set to supersize the Asia-Mediterranean tradelane.

Alphaliner is reporting the 19,224 teu MSC Clara will shift from the Asia –Europe tradelane to service the Mediterranean on 2M’s AE-11/Jade service from March 27, becoming the first megamax to be deployed in a dedicated Asia – Mediterranean loop. In total, Maersk and MSC will switch eleven 19,000 teu class ships to the Mediterranean route, a tradelane that has typically been served by 15,000 teu class ships in recent years.

Commenting on the news, Andy Lane, a partner at CTI Consultancy in Singapore, told Splash today: “Reducing capacity on Asia-North Europe at a time of limited demand growth is helpful for that trade. However, increasing the capacity on the Asia-Mediterranean route as a direct result could end up being harmful in the battle to increase revenues on that trade, and especially if the other alliances follow suit.”

 

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Comments

  1. Interesting, i read that as though they are admitting they have too much capacity to meet demand? (and that irs presumably more important to protect asia europe revenues over asia med revenues?)

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