It is possible to think up all kinds of scary scenarios that could play out as container lines form new vessel-sharing alliances or expand existing alliances, but the primary goal of carriers is to deploy the largest ships at their disposal in order to reduce their per-unit costs.
20 Feb 2014
Evergreen Line and the four members of the CKYH Alliance have agreed in principle to form a new alliance that will share ships on trades between Asia and North Europe and the Mediterranean.
18 Feb 2014
Evergreen Line has confirmed that it is in negotiations with the CKYH Alliance to form a new alliance...
21 Jan 2014
If the P3 Network gets the go-ahead from regulators, it will enjoy a cost advantage over the G6 alliance not only because of the larger average size of its ships...
13 Jan 2014
Hanjin Shipping is pulling out of several money-losing trades to cut its ongoing losses.
13 Jan 2014
It’s too early to predict precisely how the container shipping business will play out in the new year, but there is one certainty: The P3 Network will shake things up in a big way. In the six months since Maersk Line, Mediterranean Shipping Co. and CMA CGM announced they would pool their biggest ships in a giant vessel-sharing alliance in the main east-west trades, competing liner companies have been playing catch-up in an effort to match the P3’s market size and power.
23 Dec 2013
Hanjin Shipping is planning to invite Evergreen Line to join the CKYH Alliance to improve that network’s competitive posture, South Korean news agency Yonhap reports.
16 Dec 2013
Will there be a CKYH-E?
10 Apr 2013
Germany’s Port of Hamburg will receive a call from the first of eight 13,380 20-foot-equivalent unit newbuildings at HHLA’s Container Terminal Tollerort.
19 Mar 2013
The four member carriers of the CKYH Alliance will res
11 Mar 2013