Maersk and MSC announce Vessel Sharing Agreement
Maersk Line has announced the formation of a 10-year Vessel Sharing Agreement (VSA) on the Asia-Europe, Transatlantic and Transpacific trades.
To be known as 2M, the new agreement will replace all existing VSAs and slot purchase agreements that Maersk Line has in these trades.
The VSA will include 185 vessels with an estimated capacity of 2.1m teu, deployed across 21 strings, with the overall purpose of the cooperation to share infrastructure. The pair believe they will be able to provide more stable and frequent services as well as cover more ports with direct services.
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