In response to growing levels of demand, Hapag-Lloyd will offer two more services to and from India over the coming weeks. Both of these additional operations, the South East India – Europe Express (IEX) and the Middle East-India-Africa Express (MIAX), will commence in October.
Dheeraj Bhatia, Senior Managing Director of Hapag-Lloyd’s Region Middle East, comments, “Hapag-Lloyd has a strong network of services connecting key markets through Indian ports. The launch of the two new services will create stronger opportunities for EXIM cargo and for Indian manufacturers to cater to global markets.” DP World has been chosen to be the line’s terminal and multi-modal services provider for these services.
The IEX will provide the only direct connection between South and East India and Europe in the market. The weekly service, jointly operated with ONE, YML and COSCO, will be made up of nine 6,500 TEU vessels, with Hapag-Lloyd contributing four ships. The first departures are scheduled for 26th October.
The MIAX, launching on 12th October, will on the other hand support the growing demand for transport capacity between India and Africa. Hapag-Lloyd will operate MIAX jointly with ONE. A total of nine vessels, with a capacity of 2,800 TEU each, will serve this new route, five of which will be provided by Hapag-Lloyd.
Hapag-Lloyd entered the Indian market 12 years ago and has established a strong presence in the country with 12 services and 14 offices. The company says it has experienced significant growth in transported volumes every year since then. “In recent years we have seen strong growth in our transport volumes and market share, and today have roughly a market share of around 9%. There is great potential for further growth in India and the new IEX and MIAX services are a step into that direction,” concludes Bhatia.
Today, Hapag-Lloyd employs over 2000 staff members in India and Indians are the largest group of nationalities in the global Hapag-Lloyd organization.