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HAPAG-LLOYD TO TAKE TRANSATLANTIC SLOTS FROM MSC

HAPAG-LLOYD TO TAKE TRANSATLANTIC SLOTS FROM MSC

   Hapag-Lloyd and Mediterranean Shipping are planning a space charter agreement in the transatlantic container trade.

   Under the proposed agreement, filed with the U.S. Federal Maritime Commission, Mediterranean Shipping will charter space to Hapag-Lloyd in the trade between U.S. Atlantic Coast ports and ports in North Europe.

   Hapag-Lloyd already provides U.S./North Europe services as part of a cooperative agreement between the Grand Alliance and CP Ships.