Independent journal on economy and transport policy
12:36 GMT+2
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On 1 April SM Line will take over from HMM in the cooperation agreement with the 2M alliance
New agreement based on the exchange and purchase of slots
February 13, 2020
The parties specified that the new agreement with the SM Line is independent of the vessel sharing agreement that binds Maersk and MSC and that the services of 2M and SM Line will be completed Each other. The agreement between MS Line and 2M will be based on the slot swapping and acquiring loading spaces between the three parties to six trans-Pacific shipping services.
As a result of the agreement SM Line will enter two of its own ships Trans-Pacific Service, carried out with six container named Orient by MSC and TP8 by Maersk Line Qingdao, Shanghai, Ningbo, Busan, Long Beach and Oakland.
SM Line is the group's shipping company South Korean Samra Midas (SM) born at the end of 2016 after MS had begun to acquire assets and assets of the failed Hanjin Shipping.
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