G6 Alliance maintains current 6-loop for Asia-Europe service

Members of the G6 Alliance announced that they will maintain the current 6-loop product structure and not reinstate the planned Loop 2 Asia-Europe service.

This loop was originally developed as one of the seven loops between Asia and North Europe jointly provided by the six members. It was not initiated in March because of unsuitable market conditions at the time and the G6 Alliance has not seen any improvements in the current market environment to justify the implementation of an additional services in the Asia-Europe trade.

The G6 Alliance members are APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines, Nippon Yusen Kaisha, and Orient Overseas Container Line.

The G6 Alliance provides six loops between Asia and North Europe, the Asia-Mediterranean Express Service (EUM), and the Asia-Black Sea Express Service (ABX). These eight loops connect nearly 40 ports in 25 countries of the trade with over 110 weekly calls, at major ports daily. < Korea Shipping Gazette >