Tag Archives: Hyundai

G6 Alliance to Expand Coverage to Compete With P3

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The G6 Alliance unveiled plans today to expand into the trans-Atlantic and Asia-U.S. West Coast trade lanes in a widely expected response to the proposed P3 Network partnership between the world’s three largest carriers, Maersk, Mediterranean Shipping Co. and CMA CGM.

The G6 carriers — Hapag-Lloyd, NYK, OOCL, Hyundai Merchant Marine, APL and MOL — will deploy 240 container ships serving 66 ports in Asia, America and Europe.

The alliance plans to complete the expansion of services by the second quarter of 2014, pending regulatory approval, to coincide with the launch of the P3 network on the Asia-Europe, trans-Atlantic and trans-Pacific routes. Details on port coverage will be announced at a later date.

The lines, which currently cooperate on the Asia-Europe and Asia-U.S. East Coast routes, will operate 76 vessels covering 12 services connecting 27 ports in Asia and on the West Coast of the United States.

A further 42 ships will operate five trans-Atlantic services, including two pendulum services, calling at 25 ports in the U.S., Canada, Panama, Mexico, the Netherlands, the U.K., France, Belgium and Germany.

“The proposed expansion will complement our existing services in the Asia–North America East Coast and Asia–Europe trades, allowing us to deploy the most suitable ships for each loop across the trades,” the G6 carriers said in a joint statement.

“With greater service flexibility and operational synergies, the G6 alliance will have an even more resilient and robust network – giving shippers a wider coverage area and shorter transit times without reducing the total capacity.”

Each G6 carrier will be able to offer almost twice as many sailings on the Asia-North America trade as what it currently operates separately, the alliance said.

The six container lines that make up the G6 accounted for 27.1 percent of U.S. containerized export trade and 28.6 percent of U.S. containerized import trade in the first nine months of 2013, according to information compiled from PIERS, the Data Division of JOC Group Inc. Not all services offered by these lines will be included in the G6 expansion; Hapag-Lloyd, for example, has noted that it will continue to offer its Montreal and ATA services, as well as Mediterranean services, outside of the G6.

Note: We provide a third part Hapag-Lloyd Tracking, NYK Line Tracking, OOCL Tracking, Hyundai Tracking, APL Tracking and MOL Tracking. With their container tracking system, you can get a real-time trace of your container.

Customer Advisory: Trans-Atlantic GRI effective 1st July 2012

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Dear Customer

As a consequence of slower economic activity, higher ship operating costs and rising oil prices, the
Trans-Atlantic market has now become unsustainable if the operator is to continue their investment
and on-going service commitments.

In order to address this serious freight erosion, Hyundai Merchant Marine plan a General Rate
Increase effective 1st July 2012 of $500/20ft and $600/40ft container to be applied to all types of
either dry or special equipment in both Westbound and Eastbound directions to and from
Europe/USA.  By implementing this GRI we will be able to continue to serve the needs of our valued
customers in providing a comprehensive and reliable regular schedule to and from the East coast,
Gulf and West coasts of the USA.

We would like to take this opportunity of expressing our thanks for your continued support and

Kind Regards

Hyundai Merchant Marine (Europe) Ltd

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Customer Advisory: Notice of General Rate Increase

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Dear Customer

Please be advised Hyundai Merchant Marine Ltd will apply a GRI Eastbound
from North Europe and Med to the Red Sea, Middle East, Indian Sub-
Continent, East Africa, Far East and Australia on all cargoes and all container
types at the following level:

20ft : USD150/container
40ft : USD150/container

Effective : B/L Dated 15th June 2012

Please contact your local HMM Sales Representative for further information.

Kind Regards

Hyundai Merchant Marine (Europe) Ltd

If you want to get hyundai merchant marine tracking service, please go to Express Tracking.