Big ships could come to US ports under Maersk, MSC alliance August 28, 3:42 PM WASHINGTON — Maersk Line and Mediterranean Shipping Co. could eventually operate ships of up to 19,200-TEUs on east-west trades that touch the U.S., within their planned “2M” vessel-sharing agreement, according to a filing with the U.S. Federal Maritime Commission. The two largest global container lines said they will initially operate a total of 97 vessels on the trans-Pacific and trans-Atlantic with capacities between 4,000 and 13,000 TEUs. They said they could eventually operate up to 130 vessels with capacities of up to 19,200 TEUs each, which would be much larger than the largest ships that call at the U.S. currently, which are roughly 14,000 TEUs. According to the filing, the 2M would have a duration of 10 years, and the carriers would have to give each other at least two years’ notice before walking away from the VSA — unless one of the partners is sold or in “material breach” of the contract terms.
Posted on: Sat, 30 Aug 2014 10:48:29 +0000
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