Maersk Line and MSC together, born M2
Maersk Line has announced a 10-year agreement of Vessel Sharing (VSA) with Mediterranean Shipping Company (MSC) on the routes Asia-Europe, the transatlantic and transpacific.
"The agreement will be referred to as 2M and replaces all existing VSA and purchase agreements slot that Maersk Line has in these routes".
The VSA includes 185 ships, with an estimated capacity of 2.1 million TEU, distributed over 21 services.
The overall objective of the cooperation is to share infrastructure, "Maersk Line and MSC will be able to provide its customers with the most stable and frequent and cover more ports with direct services.
The VSA will improve efficiency on services of Maersk Line and MSC through better use of vessel capacity and economies of scale".