Ocean Network Express and Hapag-Lloyd have concluded a Bilateral Strategic Feeder Network Cooperation Agreement, which has already started on the first trades.
The collaboration, which aims to provide the market with a superior feeder network, would see the parties share space on their feeder services.
Ocean Network Express and Hapag-Lloyd have already ushered in a new Intra-Asia service, the Bohai Feeder (BHX) in August and will further introduce a new Intra-Europe service, the North Sea Poland Express (NPX), in mid-October to enhance their existing feeder network. The cooperation will cover specific Intra-Europe (BAX, NBS, NPX, REX, SDX, ADX, LEX) and Intra-Asia (BHX, HAS, PID) feeder trade lanes.
This new cooperation is another strong footnote to the existing bilateral partnership.