Shipping line MISC Berhad is withdrawing from Grand Alliance services between Europe (including the Mediterranean) and the Far East with effect from 1st January 2010. It does not operate with the Grand Alliance on the Transpacific or Transatlantic trades.
The three other lines in the consortium, Hapag-Lloyd, OOCL and NYK, said the withdrawal of MISC would not affect sailing frequencies, transit times or service structures. “Nothing will change for our customers. They will continue to receive the customarily reliable service of the Grand Alliance partner lines in the future.”
The fleet deployed by the Grand Alliance comprises about 140 vessels with capacities of between 2,900 and 9,000 TEU. MISC has so far provided seven units of these. “We will be replacing these ships in the context of our normal cascading,” stated the Grand Alliance.
The Grand Alliance consortium of container lines was formed in 1998 and its members are Hapag-Lloyd (Germany), MISC Berhad (Malaysia), NYK (Japan) and OOCL (Hong Kong).