Gemini carriers cut back loading allocations on challenging southern India trade
Southern India’s ocean trade continues to be a challenging market for both Maersk and Hapag-Lloyd, ...
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Next week, Japanese carrier MOL ends its direct Algeciras-West Africa (ARS) service and will merge it into a North Europe-West Africa offering operated in a vessel-sharing arrangement (WAX) with Germany’s Hapag-Lloyd.
In order to accommodate Mediterranean traffic from the culled service, in which Hapag-Lloyd is already a slot charterer, the WAX vessels will call at the Spanish hub port on both north and southbound legs.
However, as a result of the restructure, West African shippers at Cotonou, Benin, will see their direct ...
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