Major Box Lines Plot A Course For Indian Trades As Demand Booms

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  • Major container lines are boosting their coverage of the India trades.
  • Hapag-Lloyd and Maersk have beefed up their networks between India and Europe

Major container lines are boosting their coverage of the India trades to tap into anticipated stronger export/import demand growth amid the trade diversification in Asia, reports the Loadstar.

Flurry of service enhancements

Leading the push, CMA CGM has announced a flurry of service enhancements for the emerging market this week.

The French liner has rolled out a complementary loop to its BIGEX, or India-Gulf Express, service launched last April as the fastest direct connection from Bangladesh’s Chittagong Port to the Gulf market. It later discontinued Chittagong calls because of persistent demand woes.

BIGEX 2 will call Jebel Ali, Djibouti, Aden/Berbera, Colombo, Mangalore, Nhava Sheva and Mundra, and the carrier said: “We are confident that this new service will provide significant benefits to our customers and contribute to the economic growth of the connected regions.”

Hapag-Lloyd and Maersk have beefed up networks between India and Europe

CMA CGM has also updated the rotation of its flagship Indamex routing between West India and US east coast with new calls at Savannah and Charleston, due to start on 15 August on a full rotation of Port Qasim (Karachi), Nhava Sheva, Mundra, New York, Norfolk, Savannah, Charleston and Port Qasim.

Additionally, next Thursday, the French liner will start a fortnightly shuttle service from Chennai to Colombo and Singapore. This move comes as transhipment trade in Asia is facing challenges from congestion at leading regional hubs, particularly Singapore.

Hapag-Lloyd and Maersk have also beefed up their networks between India and Europe: Hapag-Lloyd’s IOS (Indian Ocean Service) has an expanded rotation of Jebel Ali, Karachi, Nhava Sheva, Mundra, Tanger, Rotterdam, Hamburg, Antwerp, London Gateway, Tanger and Jebel Ali; while Maersk recently added Rotterdam, Felixstowe and Bremerhaven to its ME2 service, extending the market reach for Indian exporters trying to grab more orders.

Read the full article here. 

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Source: The Loadstar