China is the main battleground for the world’s four mega shipping alliances, that collectively depart from 10 mainland ports every week to North Europe in 74 weekly voyages, according to Drewry Maritime Research.
26 Jan 2015
The new carrier mega-alliances are set to shake up market share on the key Asia-North Europe liner trade while shippers will benefit from a greater choice of services, and probably lower freight rates, according to Drewry Shipping Consultants.
11 Jan 2015
The 2M alliance between Maersk Line and Mediterranean Shipping Co. began in Dalian at the weekend when the brand new Triple-E vessel, Munkebo Maersk, left the northern Chinese port for Busan in South Korea, its second stop on the Asia-Europe rotation.
07 Jan 2015
Beneficial cargo owners are watching how the alliances will impact their supply chains between Asia and Europe and North America.
05 Dec 2014
This week’s top 10 stories on JOC.com makes one thing abundantly clear: All eyes are on the U.S. West Coast labor negotiation. The top three stories all centered around negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union. Several other stories stayed on the familiar topic of West Coast port congestion and the shakeups it has caused in supply chains. Several other business news items also crept into the list.
28 Nov 2014
There will be no speedy solution to the congestion that is creating bottlenecks at ports around the world as terminals battle to cope with growing trade and surges in container volume.
13 Nov 2014
The G6 Alliance carriers have added a call at the port of Charleston on one of its U.S. East Coast-North Europe services, increasing the frequency of weekly post-Panamax vessel calls to the South Carolina port.
18 Sep 2014
The emergence of four large alliances among the world's largest container shipping lines is creating a two-tier market that could doom smaller carriers to hanging on to niche trades or going out of business.
15 Sep 2014
New global alliances of container ship lines could produce a retaliatory surge in large-ship orders by competitors in 2016-2018, according to a research report by Bank of America Merrill Lynch analysts.
14 Sep 2014
Container freight rates will stabilize and may trend upward over the next few years despite the existing overcapacity of vessel space because of the expansion of existing carrier alliances and the creation of new ones, according to Rolf Habben Jansen, CEO of Hapag-Lloyd.
13 Sep 2014
A new carrier alliance entered the fray this week after weeks of feverish speculation.
10 Sep 2014
Container lines in coming years will continue to order larger ships and switch membership in vessel-sharing alliances in a desperate game of survival...