with a severe slowdown in the trans-Pacific market and weakening global demand for Asian exports, members of the maritime alliance's container carriers are shifting post-Panamanian ships from trans-Pacific and Asia-Europe trade to the trans-Atlantic. And expand its transatlantic service, replacing four 8500 - 10000 TEU ships with four 11000 - 14000 TEU ships.
Ocean Alliance (OCEAN Alliance) was established on April 20, 2016. COSCO announced the establishment of a new shipping alliance-"OCEAN Alliance (Ocean Alliance)" with France CMA CGM, Taiwan Evergreen Shipping (EMC) and Hong Kong Orient Overseas (OOCL) ". The scope of the Maritime Alliance includes Asia to and from Northwest Europe, Asia to and from the Mediterranean, the Far East to and from the Red Sea, and the Far East to and from the Persian Gulf region, Asia to and from the west/east coast of the United States, and the Atlantic Ocean. In April 2017, it was officially operated, and the cooperative capacity ranked first among the international shipping alliances. In 2021, the Ocean Alliance will continue to improve its global route network, with a cooperative capacity of about 330 ships and a total capacity of about 4.1 million TEU.
December 9, Tampa Triumph 14000 TEU will replace 9466 TEU ever Lucky as the largest vessel deployed in the Nordic-US East Coast trade.
At the same time, CMA CGM will redeploy CMA CGM Columba and CMA CGM Cassiopeia sister ships of 11388 TEU to replace CMA CGM Ganges of 9962 TEU and CMA CGM Bianca of 8465 TEU.
these two ships will join the 13092 TEU sister ships -- COSCO Harmony and COSCO Pride.
December 23, COSCO will deploy the TEU -13092 "COSCO Faith" on the TAT2 service to join the above-mentioned sister ships on the TAT2 service. The ship will trade with COSCO's sister ship Orient Overseas and replace the TEU -8501 COSCO Malaysia.
by the end of this year, the nominal capacity of TAT2 services will increase to 12,675 TEU/week, compared with 8,500 TEU/week in September.
upgraded services are currently transferred to Southampton, Antwerp, Rotterdam, Bremen Haven, Le Havre, New York, Norfolk, Savannah, Charleston, Southampton within 6 weeks.
's chief executive Rolf Habben Jansen said in an interview that macroeconomic factors are boosting transatlantic trade. Habben Jansen said the euro was trading close to the dollar, a level not seen since 2002, in favor of European exporters. In addition, diversification of procurement from China is driving demand for goods in countries such as Turkey and India that are transshipped through Europe.
As major airlines increase capacity, sea carriers begin adding new capacity across the Atlantic to meet what they see as still healthy demand. This helps to have a positive impact on the number of people who need to move across the Atlantic, which I think is the main reason why the market remains good, "Habben Jansen said.