APL Shipping, a unit of CMA CGM, and Maersk Line Limited recently entered into a new space exchange partnership on several trade routes. Here's a look at the specifics and their potential impact:
1. Maersk
On APL's Trans-Pacific and all-US flag EX1 service, Maersk will receive: 80 eastbound TEUS (from Asia to the US) and 130 westbound TEUS (from the US to Asia).
2.APL
On Maersk's Indian Subcontinent - US East Coast (MECL) service, APL will receive: 80 eastbound TEUS (from the Indian Subcontinent to the US East Coast) and 20 westbound TEUS (from the US East Coast to the Indian Subcontinent)
This type of space sharing agreement helps both parties optimize capacity and increase route efficiency, while providing customers with more flexible transportation options.
3. Details
A. Scope of cooperation: APL Line and Maersk Line will cooperate on space exchange on A number of trade routes, mainly focusing on trans-Pacific and trans-Atlantic routes.
Space sharing: Both parties will share space on each other's vessels to optimize capacity utilization and increase service efficiency.
B. Service Enhancement: Through the cooperation, the two parties plan to provide more frequent voyages and a broader service network to meet customer needs.
C. Impact:
Capacity optimisation: Space exchange helps both parties to make more efficient use of ship capacity, reducing empty cabin rates and reducing operating costs.
D. Service expansion: Customers will benefit from wider route coverage and more frequent voyages, improving logistics efficiency and reliability.
E. Market competition: This cooperation may intensify competition in the shipping market, prompting other shipping companies to seek similar cooperation or improve their own service level.
F. Cost control: By sharing space, both parties can expand services without adding additional vessels, helping to control costs and improve profitability.
APL Line and Maersk Line's space S sharing agreement helps both parties optimise capacity and increase route efficiency, while providing customers with more flexible transport options. It will help enhance the market competitiveness of both sides and provide customers with better service.
Usure will use the benefits of these two large ships to provide customers with the ultimate service.
