Peel Peels Maersk and MSC Away from Hutchison for U.K. to U.S. Service — Panjiva


Peel Peels Maersk and MSC Away from Hutchison for U.K. to U.S. Service

Corp - Ports 661 Corp - Shipping 608 Mode - Containerized 1005 Mode - Seaborne 1273 U.S. 3297 United Kingdom 194

Maersk and MSC have decided to permanently shift the U.K. base of their TA4 U.K.-to-U.S. service to Peel Ports’ facilities in Liverpool from Hutchison’s Felixstowe. That’s come in response to the latter’s reliability issues. The initial switch in 4Q 2018 resulted in a 29.7% year over year surge in shipments on Liverpool-to-U.S. routes in 4Q 2018. The same routes are also served by Hapag-Lloyd among others. The decision comes as Maersk and MSC experienced a downturn in its U.K. to U.S. operations more broadly. Volumes handled on all U.K. to U.S. routes fell 33.2% year over year as a...

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