MSC introduces 2M scope of services
On 16 July 2014, MSC Mediterranean Shipping Company S.A. agreed in principle with Maersk Line to form an vessel sharing agreement called 2M, the company said in its press release. Operating a total capacity of 2.1 million TEU, the VSA aims to deliver improved services to its customers booking on MSC’s East-West services. The proposed VSA will provide an increased number of port pairs, more direct ports of call and enhanced transit times. Schedule integrity will improve as a result of an increased number of weekly sailings. MSC aims to reduce its carbon emissions by over 20%.