OVSA changes as string pulled
THE OCEANIA Vessel Sharing Agreement (OVSA) has officially abandoned its fortnightly PSW-2 string, the remnant of the old USL/ANL service, between Australia/New Zealand and West Coast North America. The third OVSA string was created last August after the CMA CGM Group joined the OVSA and folded in the hitherto weekly USK/ANL operation.
PSW-2 used three 1,300 teu vessels on a Long Beach, Sydney, Melbourne, Long Beach shuttle but due to declining volumes was suspended in late 2008.
The ships were sent to anchor off Long Beach and Port Kembla and subsequently...
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