Mediterranean Shipping Company and Chilean carrier CSAV entered a vessel sharing agreement to launch a direct container service linking India and Europe, starting next month.
The move follows CSAV’s decision to suspend its independently-operated IMEX Service and instead join MSC’s IPAK Service as part of recently announced consolidation plans amid weakening demand on Asia-Europe trade lanes.
The new VSA calls for deployment of seven vessels of 6,500 20-foot equivalent units capacity, with MSC providing five ships and CSAV, two.
The westbound port rotation of the restructured IPAK remains the same as the current schedule offered by MSC. On the eastbound leg, the Jeddah call will be discontinued.
The revised IPAK rotation will be: Nhava Sheva (Jawaharlal Nehru), Pipavav, Mundra, Salalah, Jeddah, Gioia Tauro, Valencia, Bremerhaven, Antwerp, Felixstowe, Salalah, and back to Nhava Sheva.