THE Alliance Unveils Safety Net in Case of Bankruptcy

Hapag-Lloyd The five member lines of THE Alliance said that they will establish an independent trustee to manage funds to be used if one of the carriers suffers a bankruptcy. Through the contingency plan, the fund will be used to continue alliance operations in the event of insolvency of one or more members of THE Alliance, which comprises Hapag-Lloyd, K Line, Mitsui O.S.K. Lines (MOL), Nippon Yusen Kabushiki Kaisha (NYK Line) and Yang Ming. The independent trust fund will safeguard that customers’ cargo on board of the affected members’ ships will be carried to the port of destination, the member carriers said. The plan was devised on the back of Hanjin Shippings demise, which showed a clear demand for such a safety net, THE Alliance added. Additionally, the member carriers unveiled the final network after all needed preparations have been finalized. Starting from April 2017, THE Alliance plans to deploy more than 240 ships in 32 services connecting over 75 major ports throughout Asia, North Europe, the Mediterranean, North America, Canada, Mexico, Central America, the Caribbean, Indian Subcontinent and the Middle East with a range of direct port-port-connections. Image Courtesy: NYK Line The final port rotations of the total 32 services will be as follows: Asia and North Europe FE 1:
Kobe – Nagoya – Shimizu – Tokyo – Singapore – Jeddah – Rotterdam – Hamburg –
Southampton – Le Havre – Singapore – Kobe FE 2:
Xingang – Dalian – Qingdao – Shanghai – Ningbo – Hong Kong – Yantian – Singapore –
Tangier – Southampton – Hamburg – Rotterdam – Le Havre – Tangier – Jebel Ali – Hong
Kong – Qingdao – Xingang FE 3:
Hong Kong – Xiamen – Kaohsiung – Yantian – Rotterdam – Hamburg – Antwerp – London
Gateway – Piraeus – Singapore – Hong Kong FE 4:
Pusan – Ningbo – Shanghai – Rotterdam – Hamburg – Antwerp – Southampton – Shekou –
Yantian – Pusan FE 5:
Laem Chabang – Cai Mep – Singapore – Colombo – Rotterdam – Hamburg – Antwerp –
London Gateway – Jeddah – Colombo – Singapore – Laem Chabang Asia and the Mediterranean MD 1:
Qingdao – Shanghai – Ningbo – Yantian – Singapore – Damietta – Barcelona – Valencia –
Fos – Genoa – Damietta – Singapore – Shekou – Qingdao MD 2:
Pusan – Ningbo – Shanghai – Kaohsiung – Yantian – Singapore – Jeddah – Genoa – La
Spezia – Barcelona – Valencia – Singapore – Hong Kong – Pusan MD 3:
Pusan – Shanghai – Ningbo – Yantian – Singapore – Jeddah – Ashdod – Piraeus – Istanbul
(Ambarli) – Izmir/Aliaga – Mersin – Jeddah – Singapore – Kaohsiung – Pusan Asia and the Middle East AGX:
Pusan – Qingdao – Shanghai – Ningbo – Shekou – Singapore – Jebel Ali – Dammam – Jubail
– Abu Dhabi – Port Kelang – Singapore – Ningbo – Pusan Transpacific – West Coast PN 1:
Qingdao – Shanghai – Nagoya – Tokyo – Tacoma – Vancouver – Tokyo – Nagoya – Kobe –
Qingdao PN 2:
Singapore – Laem Chabang – Cai Mep – Kaohsiung – Yantian – Tacoma – Vancouver –
Tokyo – Kobe – Kaohsiung – Singapore PN 3:
Hong Kong – Yantian – Ningbo – Shanghai – Pusan – Vancouver – Seattle – Pusan – Hong
Kong PS 1:
Kobe – Nagoya – Tokyo – Sendai – Los Angeles/Long Beach – Oakland – Tokyo – Nagoya
– Kobe PS 2:
Kobe – Nagoya – Shimizu – Tokyo – Los Angeles/Long Beach – Oakland –Tokyo – Kobe PS 3:
Singapore – Laem Chabang – Cai Mep – Hong Kong – Los Angeles/Long Beach – Oakland
– Tokyo – Hong Kong – Singapore PS 4:
Hong Kong – Yantian – Kaohsiung – Keelung – Los Angeles/Long Beach – Oakland –
Keelung – Kaohsiung – Da Chan Bay – Hong Kong PS 5:
Shanghai – Ningbo – Los Angeles/Long Beach – Oakland – Shanghai PS 6:
Qingdao – Ningbo – Shanghai – Pusan – Los Angeles/Long Beach – Oakland – Pusan –
Qingdao PS 7:
Xiamen – Hong Kong – Yantian – Los Angeles/Long Beach – Xiamen PS 8:
Dalian – Xingang – Qingdao – Pusan – Los Angeles/Long Beach – Oakland – Pusan –
Kwangyang – Dalian Transpacific – East Coast (via Panama and Suez) EC 1:
Ningbo – Shanghai – Pusan – Tokyo – (Panama Canal) – Manzanillo – Savannah –
Jacksonville – Charleston – Norfolk – Miami (Seasonal) – Manzanillo – (Panama Canal) –
Balboa – Los Angeles/Long Beach – Oakland – Tokyo – Kobe – Ningbo EC 2:
Qingdao – Ningbo – Shanghai – Pusan – (Panama Canal) – New York – Boston – Wilmington
– Savannah – (Panama Canal) – Pusan – Qingdao EC 3:
Kaohsiung – Xiamen – Hong Kong – Yantian – Shanghai – (Panama Canal) – Savannah –
Norfolk – (Panama Canal) – Balboa – Pusan – Kaohsiung EC 4:
Kaohsiung – Hong Kong – Yantian – Cai Mep – Singapore – (Suez Canal) – New York –
Norfolk – Savannah – Jacksonville – Charleston – (Suez Canal) – Singapore – Kaohsiung EC 5:
Laem Chabang – Cai Mep – Singapore – Colombo – (Suez Canal) – Halifax – New York –
Savannah – Norfolk – Halifax – (Suez Canal) – Jebel Ali – Singapore – Laem Chabang Transatlantic AL 1:
Bremerhaven – Antwerp – London Gateway – Norfolk – Philadelphia – New York – Halifax –
Bremerhaven AL 2:
London Gateway – Le Havre – Rotterdam – Bremerhaven – New York – Charleston – London
Gateway AL 3:
Antwerp – Bremerhaven – Southampton – Charleston – Savannah – Port Everglades –
Houston – Savannah – Norfolk – Antwerp AL 4:
Southampton – Antwerp – Bremerhaven – Le Havre – Veracruz – Altamira – Houston – New
Orleans – Mobile – Southampton AL 5:
Southampton – Rotterdam – Hamburg – Antwerp – Le Havre – Savannah – Cartagena – Los
Angeles/Long Beach – Oakland – Seattle/Tacoma – Vancouver – Oakland – Los
Angeles/Long Beach – Balboa – Cartagena – Caucedo – Savannah – Southampton AL 6:
Salerno – Livorno – La Spezia – Genoa – FOS – Halifax – New York – Norfolk – Savannah
– Salerno AL 7:
Barcelona – Tarragona – Valencia – Algeciras – Halifax – New York – Norfolk – Savannah
– Valencia – Tarragona – Barcelona