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

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.

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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