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ONE and Evergreen launch cross-alliance slot-charter transpac deal

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Shri Vaibhavi Logistics

SINGAPORE : Slot charter and exchange agreements between carriers in rival alliances are increasing as container lines prioritise their search for capacity over the commercial risks of customer retention.

Moreover, container lines are favouring ‘used or not used’ corresponding capacity exchange agreements that dispense with rate setting, that could assist the slot charterer to gain market share from the slot donor line and avoid complex accounting that can cause lengthy contract disputes.

Alphaliner reports that Japanese carrier ONE, a member of THE Alliance, and Taiwan’s Evergreen, part of the Ocean Alliance, have filed a slot exchange agreement with the US Federal Maritime Commission (FMC) for the transpacific tradelane.

ONE will have access to the Ocean Alliance’s Asia-US west coast HTW loop, with a rotation of Taipei-Xiamen-Hong Kong-Yantian-Los Angeles-Oakland, which deploys seven Evergreen ships of 12,000 teu. In return, Evergreen will participate in THE Alliance’s FP1 pendulum service between North Europe, Asia and the US west coast, which deploys 15 ONE ships of 9,000-9,600 teu, although it will be limited to the Japan-US west coast leg.

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