2M cuts AE1/Shogun loop as MSC receives more mega vessels

The 2M alliance has suspended one of its six Asia-Europe services, the AE1/Shogun loop, as MSC takes deliveries of five 24,000 TEU ships, according to Alphaliner’s latest report.

The Shogun loop is the first Asia-Europe service that a major shipping alliance has stopped since cargo volumes began plunging in September 2022.

This suspension will have no immediate impact on the trade, since all of the Shogun loop’s sailings from China had already been successively cancelled since early December 2022.

https://container-news.com/2m-cuts-ae1-shogun-loop-as-msc-receives-more-mega-vessels/

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