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MSC Goes It Alone with East/West Network
[ September 10, 2024 // Gary G Burrows ]MSC Mediterranean Shipping Co. said Monday that will provide an independent, competitive, and complete network for east/west trades. MSC’s future standalone network will replace the current 2M VSA agreement that MSC has with Maersk.
As MSC assumes full operational control of its network, it will offer clients routing options for both via Suez and the Cape of Good Hope, featuring a total of 34 loops across five key trades.
The future standalone network will replace the current 2M VSA agreement that MSC has with Maersk on east/west trades. As from February 2025, MSC will provide an independent, competitive and complete network for east/west trades including:
• Five trades with 34 loops incorporating seven loops for Asia-North Europe, six loops for Asia-Mediterranean, four loops for Asia-North America West Coast, six loops for Asia-North America East Coast and 11 loops for the transatlantic.
• Optionality of weekly services via Suez with more than 1,900 direct port pairs or the Cape of Good Hope with more than 1,800 direct port pairs.
“Customers will benefit from MSC’s unmatched connectivity and direct corridors, coupled with consistent high quality of service,” said Soren Toft, CEO of MSC.
“With the addition of select slot swap agreements we will provide complete coverage across all east/west routes. Furthermore, as we assume full operational control of our network, we can today offer clients both Suez and Cape of Good Hope routing options. This announcement represents an important milestone in the evolution of our global network and the vision of MSC’s founding family,” Toft added.
The 2025 east/west network and its options will not impact the tonnage or deployment for any other routes provided by MSC globally.
Full details of the future east/west network are available at https://tinyurl.com/2bx34kft.
Tags: MSC Mediterranean Shipping Co