Space Charter Agreement

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Thanks to this cooperation, Hapag-Lloyd will give a boost to its products from March 2020 and will offer in the North Asia trade of Europe.. . . . Earlier this week, The Alliance – comprised of Hapag-Lloyd, Ocean Network Express and Yang Ming – announced an extensive service network for 2020, following Hyundai Merchant Marine (HMM) joining as a full member when it obtained FMC accreditation. Further details on the services will be available in the coming weeks. . The airline`s expanded product offering in Asia-North Europe commerce will begin in March 2020 and further details will be announced in the coming weeks. In the coming weeks, we will provide you with more details about these services.

We would like to give you more details about our new product called Far East Loop 6-8, which significantly complements our extensive existing network. Germany`s Box-Carrier, which is also a member of THE Alliance, says the additional link will strengthen its product portfolio by accessing selected services from 2M. Earlier this month, Hapag-Lloyd announced that it was considering investing in new vessels. The orders are likely aimed at ultra-large container ships (ULCVs) with a capacity of up to 23,000 TEUs, with the company following in the footsteps of competitors CMA CGM and MSC, which have already deployed some of their boxship giants on the Europe-Asia route. . The modernized network will be launched next April. Based on THE Alliance`s existing network, the new product package will offer increased frequency, especially from Southeast Asia, as well as new direct port coverage and improved transit times, an Alliance spokesperson said. . . .

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