THE ALLIANCE EXPANDS NETWORK AS HMM BECOMES A MEMBER

THE Alliance has recently unveiled an expanded service network for 2020 as it welcomed Hyundai Merchant Marine (HMM) as a new full member following the approval from the US Federal Maritime Commission (FMC).

 

The existing members include Hapag-Lloyd, Ocean Network Express (ONE), and Yang Ming.

 

In a statement, the group said the upgraded product package will be launched around April 1, 2020, and based on the existing comprehensive network of THE Alliance, the newly enhanced product package will offer increasing frequency particularly from Southeast Asia, as well as new direct port coverage and improved transit times.

 

The South Korean shipping company is expected to add some 34 ships to THE Alliance' network or an additional capacity of 519,000 TEUs.

 

In the coming months, the company will start taking delivery of twelve 23,000 TEU and eight 15,000 TEU newbuilds. The 23,000 TEU giants will be deployed in the Far East-North Europe trade and will further strengthen THE Alliance’s service portfolio.

 

The upgraded package includes the ff:

 

"The newly upgraded service network which is expected to commence from around April 1st, 2020 will offer the respective clients better choices with much broader coverage and improved service frequency. THE Alliance will continue to bring innovative product solutions to the East/West Trades," THE Alliance said.