Friday, 26 September 2014

Hamburg Süd and UASC Forge Shipping Coalition


United Arab Shipping Company (UASC) and Hamburg Süd, have signed a global cooperation agreement. The agreement came after a series of discussions focused on the companies’ respective customers’ business needs, key growth areas, and operational requirements.


Hamburg  Süd and UASC Forge Shipping Coalition


The need to address logistical imbalances was also a key driver behind the agreement, according to Hamburg  Süd.
“This cooperation with Hamburg Süd enables access to the South America trades and illustrates our ambitious approach to enhance geographic coverage”said Jørn Hinge, President and Chief Executive Officer of UASC. “In today’s challenging marketplace our customers deserve more opportunities, better services and improved efficiencies. Through partnerships with leading operators such as Hamburg Süd, and investment in some of the largest and most eco-efficient container vessels ever built, UASC ensures that customer service remains at the very heart of our operations.”
Hamburg Süd and UASC have agreed to initially cooperate on several of their respective core trades. Hamburg Süd will enter the Asia – North Europe and Asia – US trades in December 2014 and January 2015, respectively, while UASC will enter the Europe – South America East Coast and Asia – South America East Coast trades effective from mid-2015.
Hamburg  Süd and UASC Forge Shipping Coalition
Initially, the cooperation will be in the form of slot exchanges; vessel deployment opportunities will be explored in due course. Further geographic scope for cooperation is currently under discussion. Both carriers also intend to explore other areas of cooperation going forward. Detailed service announcements will be provided by Hamburg Süd and by UASC shortly.
Dr. Ottmar Gast, Chairman of the Executive Board of Hamburg Süd, said:“This cooperation will enable Hamburg Süd and UASC to complement each other’s core services and networks, offering both lines’ customers a more comprehensive global reach and reliable services without incremental investment in new tonnage.

Hamburg Süd and UASC customers will benefit from the companies’ deployments featuring highly efficient and environmentally friendly vessels.”

Earlier this month, UASC formed a trading pact called the Ocean Three along with CMA CGM and China Shipping Container Lines (CSCL), covering a combination of Vessel Sharing Agreements, Slot Exchange Agreements and Slot Charter Agreements on global maritime routes.



Another Container Freight Shipping Lines Alliance Takes to the Water  


Box Lines Join Forces on Yet More Trades

Shipping News FeatureWORLDWIDE – With mega container shipping alliances all the rage of late, it really comes as no surprise that a new cooperation agreement has been signed, this time between United Arab Shipping Company (UASC) and Hamburg Süd, the twelfth and nineteenth largest box freight lines in the world. This is the second such announcement from UASC which earlier this month signed an agreement with CMA CGM and CSCL to form Ocean Three, which is currently seeking approvals.
Initially, Hamburg Süd and UASC have agreed to cooperate on several of their respective core trades. Hamburg Süd will enter the Asia-North Europe and Asia-US trades in December 2014 and January 2015, respectively, while UASC will enter the Europe-South America East Coast, and Asia-South America East Coast trades effective from mid-2015. At first the cooperation will be in the form of slot exchanges; vessel deployment opportunities will be explored in due course. Further geographic scope for cooperation is currently under discussion. Both carriers also intend to explore other areas of cooperation going forward. Jørn Hinge, President and Chief Executive Officer of UASC, said:
“As a customer-focused and emerging global operator, UASC is committed to continuously delivering new and enhanced service patterns. This cooperation with Hamburg Süd enables access to the South America trades and illustrates our ambitious approach to enhance geographic coverage. In today’s challenging marketplace our customers deserve more opportunities, better services and improved efficiencies. Through partnerships with leading operators such as Hamburg Süd, and investment in some of the largest and most eco-efficient container vessels ever built, UASC ensures that customer service remains at the very heart of our operations.”
The agreement came after a series of discussions focused on the companies’ respective customers’ business needs, key growth areas, and operational requirements. The need to address logistical imbalances was also a key driver behind the agreement. Referring to the agreement, Dr. Ottmar Gast, Chairman of the Executive Board of Hamburg Süd, said:
“This cooperation will enable Hamburg Süd and UASC to complement each other’s core services and networks, offering both lines’ customers a more comprehensive global reach and reliable services without incremental investment in new tonnage. Hamburg Süd and UASC customers will benefit from the companies’ deployments featuring highly efficient and environmentally friendly vessels.”


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