2M Alliance suspends transpacific looppacific loop

THE 2M Alliance of Maersk Line and Mediterranean Shipping Co (MSC) is
suspending its transpacific TP1/New Eagle service from week 27 with
departure from Busan on July 4 until further notice, MSC said.

The loop has a rotation of Kaohsiung, Yantian, Xiamen, Shanghai,
Busan, Vancouver (Canada), Seattle, Yokohama, Busan and Kaohsiung.

Six vessels averaging 4,624 TEU operate on the loop, according to
BlueWater Reporting. MSC provides four of the vessels, while Maersk
supplies the other two.

The TP1/New Eagle has the smallest vessels of the five 2M Alliance
services currently operating on the Asia West Coast of North America
trade, according to BlueWater Reporting.

Effective with voyage 826N, cargo originally intended to be loaded on
the TP1/New Eagle will be covered by the 2M Alliance's transpacific
TP9/Maple service, according to MSC's contingency plan, reports
American Shipper.

MSC said the TP1/New Eagle is being suspended due to "the challenging
operating environment for business on the transpacific trade."