• ITVI.USA
    14,293.460
    37.930
    0.3%
  • OTRI.USA
    22.590
    -0.070
    -0.3%
  • OTVI.USA
    14,281.460
    36.060
    0.3%
  • TLT.USA
    2.780
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.650
    -0.300
    -10.2%
  • TSTOPVRPM.CHIATL
    3.280
    -0.100
    -3%
  • TSTOPVRPM.DALLAX
    1.460
    -0.040
    -2.7%
  • TSTOPVRPM.LAXDAL
    2.490
    -0.200
    -7.4%
  • TSTOPVRPM.PHLCHI
    1.970
    0.010
    0.5%
  • TSTOPVRPM.LAXSEA
    2.990
    -0.310
    -9.4%
  • WAIT.USA
    127.000
    0.000
    0%
  • ITVI.USA
    14,293.460
    37.930
    0.3%
  • OTRI.USA
    22.590
    -0.070
    -0.3%
  • OTVI.USA
    14,281.460
    36.060
    0.3%
  • TLT.USA
    2.780
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.650
    -0.300
    -10.2%
  • TSTOPVRPM.CHIATL
    3.280
    -0.100
    -3%
  • TSTOPVRPM.DALLAX
    1.460
    -0.040
    -2.7%
  • TSTOPVRPM.LAXDAL
    2.490
    -0.200
    -7.4%
  • TSTOPVRPM.PHLCHI
    1.970
    0.010
    0.5%
  • TSTOPVRPM.LAXSEA
    2.990
    -0.310
    -9.4%
  • WAIT.USA
    127.000
    0.000
    0%
American Shipper

P&O Nedlloyd joins major VSA on Europe/Brazil route

P&O Nedlloyd joins major VSA on Europe/Brazil route

   P&O Nedlloyd will stop its independent container service in the north Europe/East Coast South America trade in June to join a large cooperative agreement with Hamburg Sud, its subsidiary Alianca, CMA CGM, Hapag-Lloyd and NYK Line.

   The future vessel-sharing and slot-charter grouping will be the largest cooperative group of carriers on this route. It will jointly operate a fleet of 16 vessels of about 2,500-TEU capacity, providing three weekly services between Europe and the East Coast of South America.

   In this trade P&O Nedlloyd currently operates a single weekly service, called “Lambada,” utilizing five ships of about 1,700 TEUs. Hamburg Sud, Alianca, CMA CGM, Hapag-Lloyd and NYK Line have run a twice-weekly joint service until now, employing 11 vessels with capacities of 2,000 to 2,600 TEUs.

   The future thrice-weekly operation will combine the carriers’ three loops within one cooperative agreement.

   Of the 16 ships, 10 will be provided by Hamburg Sud, five by P&O Nedlloyd and one by CMA CGM.

   P&O Nedlloyd said the carriers of the cooperative group will announce details of the schedule and its first sailings soon.

   In the north Europe/East Coast South America trade, P&O Nedlloyd, Hamburg Sud, Alianca, CMA CGM, Hapag-Lloyd and NYK Line compete mainly against the CSAV/Montemar/Lykes grouping, which operates two weekly services, and against Mediterranean Shipping Co. and Maersk Sealand, which each run one weekly service, according to the global liner shipping database ComPairData.