Oct 21, 2013

P3 Network to sustain, reinforce Japan services

The service overview of the P3 network that is scheduled to start in the second quarter of next year has been released, disclosed yesterday by the Mediterranean Shipping Co. (MSC). With this new network, the services of Maersk Line, MSC and CMA-CGM that call at Japanese ports in the North America and Europe trade routes will be kept and the transit times (T/T) to major shipping networks will be improved, while the ships deployed to some services are set to be enlarged. However, nothing has been decided on the type of ships that will be deployed to the Mediterranean and Atlantic trade routes, so it is possible that changes will still surface until the actual debut of the service.

Through the P3 Network, the above three operators will deploy a total of 255 ships, equivalent to about 2.6 million TEUs of ship bottoms space, to undertake 27 service loops in the Asia-Northern Europe/Mediterranean, Pacific and Atlantic trade routes. Maersk will dispatch ships with total capacity of about 1.1 million TEUs, accounting for 42% of the entire fleet, while MSC and CMA-CGM will deploy about 900,000 TEUs and around 600,000 TEUs in ship bottoms, accounting for 34% and 24% of the total, respectively. It remains unclear at the moment to which services the vessels of each operator will be deployed. However, the triumvirate have established a joint operation company in the U.K. and they plan to decide on the service system through such firm, so they are not adopting a joint operation type of system for their ships.

At present, it is projected that the main services of the three companies that call at Japanese ports will all be kept. The North America West Coast service TP5/Sunrise will virtually retain its current scheme. However, the transit time (T/T) to Los Angeles/Long Beach from Yokohama, Nagoya and other Japanese ports will be shortened to 10 days from the hitherto 11 days. There will be no changes in the ships deployed to the service though.

Further, calls at Yokohama in the North America East Coast service (currently the TP3/Columbus service) will continue through the Empire.

Meanwhile, the Europe direct service currently makes direct calls to Kobe, Nagoya and Yokohama through the AE1 service that is operated by Maersk. Under the new system, however, calls at these ports will continue through the Shogun service. The ships deployed to the service will be enlarged to 13,000-TEU units from the existing 8,000-9,000-TEU vessels.

T/T to the key destinations in Europe from Japanese ports will also be improved through the new network, so that when viewed with Yokohama as the base, T/T to Rotterdam will be shortened to 35 days from the current 36 days, while the T/T to Bremerhaven will be cut to 33 days due to the change in the order of port calls on the Europe side. But with regard to Hakata, where calls through the AE2 service have been suspended since this month, it does not seem at the moment that there are plans to resume calls to this port under the new system.

Further, MSC and CMA-CGM do not offer direct services between Japan and Europe on their own and they transship cargoes in China and other sites through their independent feeder services. Maersk Line also connects cargoes to the East-West trunk services that call of overseas hubs such as Tanjung Pelepas through the intra-Asia services that are run by its group company MCC Transport. Now in conjunction with the debut of P3 next year, it is possible that the effects will spread to the above feeder services system as well.

Search for Top 5 Countries, Suppliers & Importers for each HS Codes you can select Free on Datamyne Site.

Descartes Datamyne