New Alliances

New Alliances

April 1, 2017, was the start of two new global shipping alliances; THE Alliance of NYK Line, Hapag-Lloyd, "K" Line, Yang Ming Line, and MOL, and the Ocean Alliance of Orient Overseas Container Line, CMA CGM, Evergreen Line, APL, and China Cosco Shipping.

News & Analysis

SM Line to join 2M Alliance in cooperation agreement
12 Feb 2020
A cooperation agreement between the 2M Alliance and SM Lines that begins April 1 will increase the alliance’s presence in the Pacific Northwest.
THE Alliance to roll out HMM mega-ships in revised Asia-Europe network
08 Jan 2020
Members of THE Alliance are making plans to reshuffle their Asia-North Europe and Asia-Mediterranean networks in preparation for HMM, which will join the vessel grouping in April.
Zim, 2M deepen pact with new Asia-Gulf services
03 Jul 2019
Amid rising Asian imports into the Gulf Coast, two new services linking the regions that Zim Integrated Shipping Services will launch in August are expected to increase the cargo moved by the carrier with the 2M Alliance, strengthening the relationship as 2M prepares to lose market share due to the departure of HMM.
Two container ships at sea.
02 Nov 2018
The World Shipping Council, which represents the container shipping industry, said the paper by the OECD’s International Transport Forum that wants the European Commission’s block exemption for container shipping lines to end without renewal in April 2020 demonstrated “a fundamental misunderstanding” of how the consortia block exemption works.
27 Apr 2018
Sponsored: CMA CGM's Mathieu Friedberg on rethinking services for customers and moving beyond price as the sole differentiator between ocean carriers. 
12 Apr 2018
Sponsored: "We're trying to run a marathon when we've just learned to walk," C.H. Robinson's Sri Laxmana said in an interview with Senior Content Editor Alessandra Barrett at 2018 TPM.
12 Apr 2018
Sponsored: Laufer Group International CEO Mark Laufer and JOC Senior Content Editor Alessandra Barrett discuss the market and technological changes taking place in the container shipping industry following the recent consolidation wave.  
18 Dec 2017
The impact of mega-ships and consolidation will see the alliances needing to revise their network offerings in 2018, creating new uncertainty for shippers already concerned at potentially large numbers of canceled sailings.
28 Nov 2017
Independent container lines increased their combined market share as well as their total volume of imports in the third quarter.
07 Nov 2017
The terminal operating arm of the Maersk Group said challenging market conditions and industry overcapacity put pressure on profits.
02 Nov 2017
All of the 18 carriers studied by SeaIntel had a worse on-time record in the third quarter of 2017 than in the same period in 2016.
20 Oct 2017
The Cosco-OOCL takeover and the merger of Japan's three carriers into ONE show two very different approaches to M&A.
14 Sep 2017
US maritime regulators on Thursday voted to allow ocean carrier members of THE Alliance to form an emergency fund.
12 Sep 2017
Shippers are seeing little improvement in service levels from the new container shipping alliances.
05 Sep 2017
The significant number of mega-ships set to enter Asia-North Europe by the end of 2018 has resulted in capacity upgrates on many services on the trade.
30 Aug 2017
The Hamburg-based company owns 50 percent of Eurogate, Europe’s largest container terminal operator.
29 Aug 2017
Carriers have announced blanked sailings in the weeks that cover China's October holidays with demand expected to fall off.
25 Aug 2017
Monthly traffic has doubled since May.
17 Aug 2017
The stagnant traffic was also due to the delay in deepening the river Elbe.
14 Aug 2017
The three Hamburg terminals posted an 11.8 percent increase in traffic to 3.4 million TEU.
31 Jul 2017
The most reliable carrier in the quarter was Wan Hai.
31 Jul 2017
The positive earnings statements come less than a month after the three established Ocean Network Express.
26 Jul 2017
Carriers large and small battle for market share and profits in the Pacific.
20 Jul 2017
Europe’s leading ocean container hub handled 6.7 million TEU in the first six months of 2016.
12 Jul 2017
Cosco Shipping's Howard Finkel on its position, and response, as a CKYHE Alliance member during the Hanjin Shipping crisis. He also reports on culture of collaboration and integration process over the last year since the Cosco-China Shipping merger. 
11 Jul 2017
A leading European barge operator is imposing a congestion surcharge in Antwerp and Rotterdam.
07 Jul 2017
Japan's three major carriers have officially formed the One Network Express in Tokyo.
06 Jul 2017
The new CMA CGM call will be part of the carrier’s north-south Cagema service.
06 Jul 2017
“We see lots of changes in terms of networks and ports of call and there is some impact on rates.”
05 Jul 2017
Hyundai affiliate CUT is closing its terminal in Los Angeles. Could it be followed by other terminal shake-ups resulting from restructuring of carrier alliances?
05 Jul 2017
The recent cyber attack on the Maersk Group made existing congestion worse.
28 Jun 2017
Hapag-Lloyd has been taken off Standard & Poor’s CreditWatch.
VanTrooijen-Maersk-JOCInterview2017
22 Jun 2017
Will stability return to container shipping? In Q1 2017, JOC.com posed this question to Robbert Van Trooijen, Asia-Pacific CEO of Maersk Line.
Maersk Michael White
22 Jun 2017
The industry has needed consolidation for years, said Maersk Line North America President and CEO Michael White.
21 Jun 2017
Volatility in the shipping line industry will continue, and the expectation is that more consolidation is ahead, said Dr. Noel Hacegaba, the Port of Long Beach's chief commercial officer.
09 Jun 2017
US lawmakers have introduced legislation that would expand the powers and the purse strings of the FMC to “oversee and intervene” on behalf of port service providers.

Commentary

Containerization has gradually led to the commoditization of the ocean (port-to-port) liner service, leading to excruciating competition among carriers.

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