Friday, April 21, 2017

Brevik Bridge first call for THE Alliance

The newly formed service called THE Alliance, replacing the old G6 Alliance, brought in a first timer to Halifax today on its Transatlantic Loop 6 (AL6) service from the Mediterranean.

Brevik Bridge is a 4526 TEU ship of 46,444 gt, 58,200 dwt built in 2011 by Samsung SB+HI. Flying the Hong Kong flag it is owned and managed by Hong Kong-based Seaspan Corp, one of the largest ship leasing companies, and part of the Washington Group which also includes Seaspan shipyard and Seaspan towing in Vancouver.

The ship is on a 12 year charter, with two three year options to K-Line, a member of THE Alliance, along with Hapag-Lloyd, MOL and NYK. Yang Ming is also  member, and UASC by virtue of its owners Hapag-Lloyd is also represented in THE Alliance.

Still not on to all those abbreviations and acronyms?
K-Line = Kawasaki Kisen Kaisha
MOL = Mitsui OSK Line
NYK = Nippon Yusen Kaisha
UASC = United Arab Shipping Co

The three Japanese lines will be pooling their container fleets, and possibly re-branding.
UASC will also likely lose its identity when  fully merged into Hapag-Lloyd.
Yang Ming (of Taiwan) is on a sort of probation until it resolves some of its financial issues, which it may do sometime in 2017, at which time it would become a fully fledged member.
THE Alliance represents about 18% of the world's container capacity and is thus the smallest and potentially weakest of the latest round of shipping agreements.

The other major alliances are 2M which joins Maersk Line and MSC (Mediterranean Shipping Co) and Ocean Alliance which includes CMA-CGM, Evergreen (of Taiwan), OOCL (Orient Overseas Container Line, Hong Kong) and COSCO (China).

The best I could do was a photo from the parking lot, where Cosco Japan dominates pier 41.

Interestingly, yesterday CMA CGM's Columbus Loop service call in Halifax was made by COSCO Japan, which is also a Seaspan owned ship on long charter to COSCO. The 91,051 gt, 101,500 dwt ship has a 8500 TEU capacity and is on a 12 year charter (plus three one year options) from its 2010 year of build by Hyundai.

With COSCO funnel marking and the Washington Group logo below the bridge.

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