News / Weak market pushes THE Alliance to suspend two more major loops

THE Alliance partners Hapag-Lloyd, ONE, Yang Ming and HMM announced today they would “temporarily suspend” an Asia-North Europe loop and a transpacific Asia-US east coast service from mid-November.

The carriers said both the alliance’s FE5 Asia-North Europe and the EC4 Asia-US east coast services would be suspended from week 46, until further notice, “in consideration of the present market situation”.

However, THEA said it was adding port calls to remaining loops in order to ensure service coverage.

Hapag-Lloyd advised customers last month it ...