G6 Alliance

The G6 Alliance members are APL, Hapag-Lloyd, Hyundai Merchant Marine, MOL, NYK Line and Orient Overseas Container Line. Like the 2M Alliance and CKYHE Alliance, the G6 Alliance is a vessel-sharing agreement that allows container lines to achieve economies of scale and better cope with periods of slack demand. The G6 Alliance will cease operation in 2017 as its members enter new agreements. 

Webcasts

Midyear Trucking Report: Is a Rally or Retreat Ahead?
Aug 25, 2016 2:00PM EDT
OOCL, its G6 Alliance partners and other ocean carriers can't seem to find the magic formula needed to bring trans-Pacifc capacity in line with demand.
22 Jul 2016
Container lines in the eastbound trans-Pacific this week were unable to hold on to their rate increases of last week.
18 Jul 2016
Hapag-Lloyd and United Arab Shipping Company Monday signed a merger agreement.
Spot rates are unlikely to recover in the near future as the peaks of the peak season have in recent years become less pronounced.
15 Jul 2016
Falling spot market and rising capacity don't bode well for Asia-Mediterranean freight rates.
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.
The MOL Benefactor passes through the enlargened Panama Canal on its way to the Port of New York and New Jersey.
07 Jul 2016
This week’s arrival of the largest ship ever to dock at the Port of New York and New Jersey is bringing into focus the challenges the port faces in adapting to an era of fewer, but larger ships.
23 Jun 2016
The 2M Alliance might be getting a third member.
Container lines are cutting capacity
09 Jun 2016
In what is possibly the most counter-intuitive development so far in this year’s unconventional trans-Pacific peak-shipping season, carriers have announced the suspension of two Asia-U.S. services.
08 Jun 2016
Trans-Pacific carriers are beginning to phase in their new deployments for the peak-shipping season.
30 May 2016
Another week, another step closer for CMA CGM toward acquiring NOL.
27 Apr 2016
The new Ocean Alliance will have the largest market shares of critical east-west trades.
25 Apr 2016
Betting on the troubled container shipping industry probably makes more sense than investing in it, and a bookmaker would be salivating at the permutations available to the eight shipping lines “orphaned” by the Ocean Alliance that was formed last week.
21 Apr 2016
Forwarders and shippers have expressed concern that the vessel grouping reshuffle that began with the formation of Ocean Alliance will leave customers with fewer choices and widespread service changes, but did not expect service contracts to be affected.