German shipping giant, Hapag Lloyd marked the beginning of its services in the east African region, by making a maiden call of its container vessel MV Northern Valence at the Port of Mombasa, before proceeding to Dar es Salaam.
This is a part of its new, ‘East Africa Service 3 (EAS3)’, which aims to improve connectivity between Asia and East Africa, by leveraging Hapag Lloyd’s global network. The EAS3 will offer competitive transmit times, to-and-from Southeast Asia, Kenya, Tanzania, and China. This would be done through the hub ports of Shanghai, Port Klang, and Singapore. Seven vessels, each with a carrying capacity of 2,800 TEU each, would be deployed in the route. The EAS3 will open doors of opportunities for Hapag Lloyd, to get business from landlocked countries, like Burundi, Rwanda, Uganda and South Sudan.
The entry of Hapag Lloyd in the East African region, is set to increase competition in the space. As the region is already crowded with shipping companies like Maersk, CMA-CGM, Mediterranean Shipping Company (MSC), China Ocean Shipping Company, Evergreen and more.
The East African shipping business is growing at a sky-rocketing speed with each passing month. With the Port of Mombasa and the Port of Dar es Salaam