- Having a total of 5 consortium partners, it is scheduled to launch end-October with calls at Vizag, Krishnapatnam, Chennai, Tuticorin & Cochin
OOCL has announced that it will be extending its North Europe service network to the South-East Indian Subcontinent by introducing its new Middle East/Indian Subcontinent-North Europe Service (IP3), which is scheduled to be launched in October 2019.
OOCL is part of a consortium in this service, also comprising Hapag-Lloyd, COSCO Shipping, YML and ONE. While Hapag-Lloyd and COSCO are deploying 4 and 2 vessels, respectively, OOCL, YML and ONE are contributing a vessel each, it is learnt.
The average capacity of the vessels will be 5,500-6,500 TEUs.
As per a release, IP3 is the only dedicated South-East India to North Europe service in the market. It provides extensive coverage of India’s South-East coast and facilitates direct linkage between the Middle East, India, Sri Lanka, Egypt, Greece, the Netherlands, the United Kingdom, Germany, Belgium and France. It also offers more competitive and reliable services than transhipment options.
