Three lines to form own service to India and Pakistan

Three members of the Europe, Pakistan, India Consortium (EPIC) – which operates container shipping services in the trade between Europe, the Middle East and Indian sub-continent – have given notice that they will resign from membership of EPIC from July 2003.

Subject to regulatory approval, CMA CGM, Contship Containerlines and P&O Nedlloyd will form a new consortium to be called EPIC 3.

Within the new consortium, the three container shipping lines say they will maintain current service levels with a seven-ship fleet comprising of five ships in total from Contship Containerlines and CMA CGM, plus two from P&O Nedlloyd.

Today the consortium members provide fixed-day weekly services, with some of the fastest transit times on the route which will be maintained by the members of EPIC 3.

The prospective EPIC 3 members say this configuration will ensure continuity of the capacity available through the new service agreement.

The EPIC consortium boosts several years of operation and was a pioneer of the Europe, Middle East, India-Pakistan, Europe ‘triangle’ which works by balancing the higher export volumes from Europe to the Middle East, with the busier import volumes from India/Pakistan to Europe.