Independent journal on economy and transport policy
13:36 GMT+1
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The shipowning alliance G6 renounces to activate the seventh spin between Asia and Europe
Programmed Loop 2 is not started
May 2, 2012
The shipowning alliance G6, constituted from the companies APL, Hapag-Lloyd, Hyundai Merchant Marine (HMM), Mitsui O.S.K Lines (MOL), Nippon Yusen Kaisha (NYK) and Orient Overseas Container Linens (OOCL), has announced the decision to maintain the current subdivision of own marine lines between Asia and Europe in six spins regarding the seven initially planned realizing programmed Loop 2 and maintaining in exercise the current ones is not Loop ( of 8 February 2012).
The companies of the alliance have specified that the seventh spin is not started last March because of still subsistent the not favorable conditions of the market.
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