News / G6 extends Asia-Europe Loop 6 suspension indefinitely to sustain freight rate gains

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The G6 Alliance today extended the suspension of its Loop 6 service from Asia to North Europe indefinitely, as container spot rates on the route held their GRI-induced gains from last week.

Loop 6, which deploys 13,000 teu vessels, was originally suspended in February for 11 weeks, due to weak forward cargo prospects. This was then extended for a further eight weeks, to resume on July 7.

The news will be welcomed by other alliances and carriers keen not to disturb the current rate recovery.

Weekly services between Asia and North ...