With Hyundai Merchant Marine (HMM) entering THE Alliance as a new full member, an expanded service network for 2020 is welcoming the South Korean shipping company. Specifically, THE Alliance members are planning to reshuffle their Asia-North Europe and Asia-Mediterranean networks in preparation for HMM.
The upgraded product package, is scheduled for launch around April 1, 2020. Based on the already existed network of THE Alliance, the new package will provide increased frequency from South East Asia, new direct port coverage and improved transit times.
As THE Alliance informed, the upgraded package will include a new pendulum service in order to replace the Asia-Europe FE5 and Transpacific PS7 services.
This new service, will be operated by 18 14000+ TEU vessels and will provide added weekly Transpacific coverage among South East Asia and Southern California, expanding the number of services directly covering this lane to three, in addition to FP1 and PS3. A modified PS3 will offer new direct coverage of Haiphong.
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Further to the enhanced Transpacific coverage of South East Asia, a new Transpacific loop, PS8, focusing on Central China and Korea (including new coverage of Incheon) will be inaugurated around 1st April 2020.
The group will further deploy two 20.000+ TEU vessel services in a newly revised FE2 and FE4 design for Asia and North Europe, which will generate economies of scale and environmental benefits.
For the records except HMM, the members of THE Alliance are Hapag-Lloyd, Ocean Network Express, and Yang Ming.
