Arab Today, arab today danish container division maersk line inks deal with msc
Last Updated : GMT 18:31:22
Arab Today, arab today
Arab Today, arab today

Danish container division Maersk Line inks deal with MSC

Arab Today, arab today

Arab Today, arab today Danish container division Maersk Line inks deal with MSC

Maersk is a Danish company
Copenhagen - XINHUA

Maersk Line, the container division of the Danish shipping and oil company A.P. Moller-Maersk, has signed a long-term Vessel Sharing Agreement (VSA) with Mediterranean Shipping Company (MSC) on the Asia-Europe, Transatlantic and Transpacific trades, the company announced Thursday.
The agreement, which includes 185 vessels deployed on 21 routes, is expected to improve network efficiency and allows for lower unit costs through better utilization of vessel capacity and economies of scale, Maersk said in a statement.
Maersk Line will contribute with approximately 110 vessels, which amount to about 55 percent of the total capacity of 2.1 million Twenty-foot Equivalent Unit (TEU), it added.
Besides the execution of their own operations such as stowage and voyage planning, each company will continue to have fully independent sales, pricing, marketing and customer service functions.
"We have to be innovative and take out cost, while keeping a product that is best in class for our customers in terms of coverage, frequency and reliability," said Soeren Skou, the CEO of Maersk Line.
"Our agreement with MSC is a step towards achieving all of these objectives in the East-West trades," he added.
The cooperation is expected to start early 2015 with a duration of 10 years.
The new agreement is however subject to approvals from relevant authorities, according to Maersk.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today danish container division maersk line inks deal with msc Arab Today, arab today danish container division maersk line inks deal with msc

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today danish container division maersk line inks deal with msc Arab Today, arab today danish container division maersk line inks deal with msc

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday