News / G6 plans huge capacity increase on Asia-Mediterranean trade, which may put pressure on rates

UASC's Al Jasrah at berth in La Spezia

The G6 alliance is to increase its capacity on the Asia-Mediterranean trade by 21%, almost 2,200 teu per week, by early September, which could put downward pressure on freight rates.

According to Alphaliner, the G6 EUM loop upgrade will see seven ships in the 8,750-10,700 teu range replaced by 13,000 teu class units to operate alongside three 10,700 teu vessels.

HMM will provide six 13,100 teu ships, idled from the suspended G6’s Asia-North Europe Loop 6, and the Loop 4 service, where the South ...