2M

Maersk Line and Mediterranean Shipping Co. announced the 10-year 2M Alliance vessel-sharing agreement on the Asia-Europe, trans-Pacific and trans-Atlantic trades as the carriers strived to better utilize capacity in the wake of their failed bid to launch the P3 Network in 2014.

29 Aug 2016
Maersk Line launched a new feeder service to the western Chinese port city of Yibin.
Stiff competition among new alliances and continued capacity additions, led by Mediterranean Shipping Co., could keep container shipping rates depressed well into next year.
22 Aug 2016
Don’t expect any significant increase in container freight rates next year.
19 Aug 2016
Hanjin and HMM’s U.S. imports and exports were down in the first half compared with the same period a year ago despite general growth in both.
Lower volumes on trans-Pacific and Asia-Europe routes were contributors to the operational loss of Hyundai Merchant Marine in the second quarter.
16 Aug 2016
South Korea’s second-largest shipping line posted an overall net profit in the second quarter.
29 Jul 2016
Maersk Line has played down speculation that it will try to acquire Hyundai Merchant Marine.
Maersk Line will deploy the same size ships on the new Panama routing as it did via the old routing through the Suez Canal.
21 Jul 2016
Maersk Line said it would reroute one of its Suez Canal strings just days before the Panama Canal opened June 26.
The new CEO of Hyundai Merchant Marine will be quite busy as he or she tries to return to profitability a company that was on the brink of receivership just two months ago.
19 Jul 2016
Hyundai Merchant Marine will get a new CEO in August.
HMM will be part of 2M from April 2017, and although container lines hope to have a smooth roll-out of the two new alliances, forwarders are not so sure and are planning accordingly.
15 Jul 2016
HMM joining the 2M Alliance has pushed carrier management to the top of the forwarder agenda.
Joining the 2M Alliance will lower Hyundai Merchant Marine's operating costs and help it gain access to much-needed capital.
14 Jul 2016
After much uncertainty and speculation Hyundai Merchant Marine on Thursday announced that it would join the 2M Alliance.
29 Jun 2016
Zim Integrated Shipping Services might join the 2M Alliance.
27 Jun 2016
Hyundai Merchant Marine discussions with Maersk Line and Mediterranean Shipping Co. to join their 2M Alliance could indicate any number of scenarios.
24 Jun 2016
The 2M Alliance plans to shift one of their Asia-to-U.S. East Coast services to the newly expanded Panama Canal.