MSC will also provide options for both Suez Canal and Cape of Good Hope routes, depending on the evolving situation in the Red Sea.despite of MSC, believes “there will not be any short-term solution on the horizon” to guarantee safe passage through the Suez Canal.
It is noteworthy that Gemini Cooperation, formed by Hapag-Lloyd and Maersk, confirmed that it will start operations with the Cape of Good Hope service network in February 2025 container news reported
New alliance
In early September, the new alliance presented two alternative options: Trans-Suez Network and Cape of Good Hope Network. With the Red Sea crisis still ongoing, the two partners have decided to proceed with the Cape of Good Hope network in the first weeks of their cooperation.
Operational difference
While MSC’s CEO Soren Toft put forward what will be his company’s operational difference after the dissolution of the 2m alliance.Speaking at the International Association of Ports and Harbour (IAPH) World Port Conference in Hamburg, Germany
He added “We want to be stand-alone,” pointed “We will be in charge of our own destiny, so that we can provide the speed, agility and decision-making to our clients that we want.”
The company’s aggressive newbuilding acquisition strategy is well-positioned to support its ambitious goals. Currently, MSC boasts over 6.1 million TEUs in total container capacity, commanding 20% of the global market share. Additionally, it holds the largest orderbook among its competitors, further solidifying its leadership in the industry.
Toft said the new network will “offer clients a lot of direct port pairs” and “a lot of choices”. Toft added, “We believe that this will offer ourselves and our clients the best flexibility that we possibly can.”
It is noteworthy that Toft was be the keynote speaker at the IAPH World Ports Conference 2024. The topic was along the same lines: He spoke about how we can further strengthen partnerships between shipping lines and ports to build more resilient and sustainable supply chains.
Read more :
Gemini : 2025 ships will continue to navigate Cape of Good Hope
