THE Mediterranean Shipping Company (MSC) and Chile's Compania Sud Americana de Vapores (CSAV) have tied up in a vessel sharing agreement with the launch of a combined service between India and Europe starting in August.
This comes after CSAV's suspension of its own IMEX string, noted Newark's Journal of Commerce. This meshes with MSC's IPAK loop in line with a service consolidation trend as demand falters on the Asia-Europe route.
The new VSA Service will deploy seven ships in the 6,500 TEU range with MSC providing five and CSAV the remaining two. Except for skipping Jeddah on the backhaul, the rotations are the same, that is Mumbai (Nhava Sheva-Jawaharlal Nehru), Pipavav, Mundra, Salalah, Jeddah, Gioia Tauro, Valencia, Bremerhaven, Antwerp, Felixstowe, Salalah, and back to Nhava Sheva.