With the new shipping alliances controlling 97% of all traffic from Asia to Europe – and 77% globally – you need to know who’s who in the new alliances, what they offer and how they differ.
We’ve collated the important information from leading industry news sources to tell you all you need to know about the new alliances.
The Asia-North Europe trade is the only east-west route in which the three new shipping alliances — 2M, Ocean, and THE Alliance — will be operating exclusively with almost no competition, carving out shares of 34%, 33% and 30% respectively.
From April 1 there has been one more weekly service for shippers to choose from with the number of loops increased to 17l.
Matching loading and discharge ports has become more interesting, with 113 port pairs monopolised across the three Alliances.
Shippers will have a total of 372 direct port pair options in the westbound leg to North Europe.
Of the direct routes that the OCEAN and THE alliance now offer, 60% on the Asia-Europe trade routes will have a faster transit time, saving three or more days.
The new shipping alliances have dropped some ports from their services, which is one of the key reasons for these shorter transit times.
Over a third of the routes offered by the OCEAN and THE alliance members will be offering much shorter or longer transit options, which means that smart shippers have the capability to shorten cash to cash cycles or increase inventory time on the water to save warehouse costs.
Options will become more transparent as the new services settle in and more schedules are made available.
The three new shipping alliances are dropping 380 and adding 300 direct routes, many with new port pairings, on the main Asia-Europe, trans-Atlantic, and trans-Pacific trades.
The new ports are spread across the three alliances and member carriers and will appear in their schedules, in due course.
The short-term challenge is identifying the available services from specific ports, by each alliance.
Services are potentially available through each of the carriers in the alliance, which means that as the carriers and alliances add new ports, their direct port pairs and transshipment options will grow as well, improving speed and reliability.