2M

Maersk Line and Mediterranean Shipping Co. have announced plans for a 10-year vessel-sharing agreement  on the Asia-Europe, trans-Pacific and trans-Atlantic trades as the carriers strive to better utilize capacity in the wake of the failed bid to launch the P3 Network.

The vessel-sharing agreement will be referred to as 2M and will replace all existing vessel and slot purchase agreements that Maersk Line has in these trades. It is slated to take effect in early 2015, but the exact start date depends on the filing of information to the relevant authorities in the many jurisdictions that will be covered by the carriers, and in some cases the VSA will require regulatory approval. 

27 Apr 2016
The new Ocean Alliance will have the largest market shares of critical east-west trades.
19 Apr 2016
CMA CGM, China Cosco Shipping, Evergreen Line and OOCL on Wednesday morning are expected to announce in Shanghai that they will form a shipping alliance, a move aimed at blunting the power of the major vessel-sharing agreement between the two largest global container lines, Maersk Line and Mediterranean Shipping Co.
31 Mar 2016
Maersk Line and Mediterranean Shipping Co. will add a weekly Panama Canal service linking Asia with the U.S. Gulf ports of Houston and Mobile.
07 Mar 2016
The impending shakeup of the membership in three of the four alliances among global container shipping lines will be difficult for beneficial cargo owners over the next year or more, but they may benefit from the changes in the long run, a top Maersk executive said here at the JOC’s 16th annual TPM Conference.
02 Mar 2016
China Cosco Shipping and CMA CGM are hoping to form a new alliance with OOCL, Evergreen Line, and Islamic Republic of Iran Shipping Lines, according to sources in the Chinese shipping industry. CMA CGM strongly denied it was seeking an alliance with the carriers.
18 Feb 2016
Mediterranean Shipping Co. rebranded its ISES service between India and Europe as “Himalaya Express” and replaced a call at Salalah, Oman with one at King Abdullah, Saudi Arabia, effective this month.
16 Feb 2016
CMA CGM and Cosco are leading efforts to create a new vessel-sharing alliance that could include Evergreen Line and OOCL and would shake up three of the four major east-west carrier groupings, the Alphaliner newsletter reported.
13 Jan 2016
Maersk Line is still the world’s largest ocean carrier by capacity but its closest rivals, Mediterranean Shipping Co. and CMA CGM, posted higher fleet growth rates during 2015, according to Alphaliner.
05 Jan 2016
Mediterranean Shipping Co. has resumed calls to Iran after suspending services in 2012 in response to trade sanctions imposed on Tehran for its nuclear program.
29 Dec 2015
The 2M Alliance stands to gain from the pending consolidation of the container line industry because the alignment of the five alliances to which the other major carriers belong will change and with it their services, making the consistency provided by the tie-up of Maersk Line and Mediterranean Shipping Co. more attractive, according to a senior MSC executive.
19 Oct 2015
Mediterranean Shipping Co. and Maersk Line today announced the withdrawal of direct services between Asia and the Black Sea as the 2M Alliance partners react to slumping traffic and plummeting freight rates.
18 Sep 2015
Mediterranean Shipping Co. has acquired a 45 percent stake in the Trieste Marine Terminal as the 2M Alliance positions itself to capitalize on a European Union infrastructure initiative known as the TEN-T.