G6 Alliance

These members consist of 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.

27 Dec 2016
Container exports from Asia will drop off sharply after Chinese New Year and carriers are blanking sailings in anticipation of the slowdown in demand.
21 Sep 2016
The failure of Hanjin Shipping has raised profound questions regarding the risks of ocean container transportation in corporate boardrooms throughout the world.
Hyundai Merchant Marine will cooperate with a government emergency response team formed to cope with the fallout of Hanjin Shipping's bankruptcy.
01 Sep 2016
Hyundai Merchant Marine plans to help shield South Korean shippers and its logistics sectors from the repercussions of Hanjin Shipping entering receivership.
30 Aug 2016
A merger of Hanjin and HMM is in the national interest, believes the Korea Shipowners Association.
The financial benefits of a merger between Hapag-Lloyd and United Arab Shipping Company could begin to materialize for both liners as soon as next year.
26 Aug 2016
Hapag-Lloyd shareholders Friday paved the way to a merger with United Arab Shipping Company and creation of the world’s fifth-largest container shipping line.
This is the first time United Arab Shipping Company's financials have been made public, revealing that the company's poor operating margins were exceeded only by Hanjin Shipping and Hyundai Merchant Marine.
24 Aug 2016
Hapag-Lloyd revealed that the United Arab Shipping Company booked a loss in 2015 and is still losing money ahead of a shareholders’ meeting to clear the way for a merger.
23 Aug 2016
No surprises as a weak October encourages G6 to withdraw sailings on major east-west trades.
Incheon Port, pictured, in the first half recorded its largest ever throughput for a half-year period with 1.24 million TEUs.
22 Aug 2016
The new CC1-CC2 was made from the merging of two Asia-North America West Coast Central China products into a new Central China Combo service.
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.
Hapag-Lloyd, which is merging with United Arab Shipping Company, continued to realize gains from its 2015 tie-up with CSAV, but they weren't enough to overcome the punishing market.
10 Aug 2016
Hapag-Lloyd sank to a net loss in the second quarter as average ocean freight rates plummeted.
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.
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
Container lines in the G6 Alliance have canceled additional sailings on Asia-Europe routes where demand has been slack and rates have plunged to rock-bottom levels.
23 Mar 2016
Hapag-Lloyd swung to a net profit of 114 million euros ($128 million) last year from a 604 million euro loss in 2014, posting its first year in the black since 2010 and closing the gap with industry pacesetters.
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.
07 Mar 2016
Hong Kong-listed OOCL is committed to remaining with the G6 Alliance, said chief financial officer Alan Tung, but "everyone is talking to everyone" as two huge merger and acquisition deals threaten to redraw the alliance structures by the end of the year.
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.
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
The G6 Alliance has announced a series of withdrawn sailings on the Asia-North Europe and Mediterranean trades for the post-Chinese new Year period when it is expecting demand to be weak.
16 Dec 2015
To mitigate service disruptions caused by potential consolidation, APL, CMA CGM, China Shipping Container Lines and Cosco could elect to participate in more than one major alliance during a transition phase, Federal Maritime Commissioner William Doyle said last week.
11 Dec 2015
Carriers in the G6 Alliance said they expect the alliance’s membership to remain intact through 2016 while CMA CGM seeks regulatory approval of its $2.4 billion acquisition of the parent company of G6 member APL.
08 Dec 2015
CMA CGM’s plans to bring APL into the O3 Alliance once the NOL acquisition is done has put the spotlight on the G6 Alliance and what the loss of its Singapore-based member would mean.
07 Dec 2015
CMA CGM plans to bring NOL’s liner division APL into the O3 Alliance that the carrier operates in with China Shipping and United Arab Shipping Co., the France-based line’s vice chairman Rodolphe Saadé said.
04 Nov 2015
NYK Line hopes its diverse array of business lines will help the company overcome the plunge in rates caused by overcapacity hitting the industry and has no plans to back away from its mega-ship orders.