2M Restores Transpacific Capacity
By Gavin van Marle (The Loadstar) – The 2M is the latest container shipping alliance to return more capacity to the transpacific trades. 2M partners Maersk and MSC said today...
By Gavin van Marle (The Loadstar) – The 2M is the latest container shipping alliance to return more capacity to the transpacific trades. 2M partners Maersk and MSC said today...
By Mike Wackett (The Loadstar) – Maersk’s cuts in capital expenditure, including its decision not to order new vessels in the next two years, will clear the way for MSC...
By Mike Wackett (The Loadstar) – South Korean carrier Hyundai Merchant Marine (HMM) is to join THE Alliance when its slot charter agreement with the 2M expires next April. HMM...
Israeli container shipping company ZIM has reached a deal with 2M alliance members Maersk Line and Mediterranean Shipping Company on a new strategic cooperation on the Asia – US East...
By Gavin van Marle (The Loadstar) – 2M alliance partners Maersk Line and MSC will launch a revamped Asia-Europe and Asia-Mediterranean network in May that will see port calls reduced...
By Gavin van Marle (The Loadstar) – The 2M alliance of Maersk and MSC is to leave the UK port of Southampton. It has announced it will drop the call...
South Korean shipping company Hyundai Merchant Marine has signed an agreement with smaller Asia-only carriers Heung-A Shipping and Sinokor Merchant Marine to form a niche shipping alliance targeting intra-Asia trade....
By Mike Wackett (The Loadstar) – News that their cargo may be loaded onto Hyundai Merchant Marine (HMM) vessels has angered customers of the 2M Alliance. Shippers expressed concern after...
South Korean shipper Hyundai Merchant Marine Co Ltd (HMM) said on Sunday it has agreed with the 2M shipping alliance (Maersk Line and Mediterranean Shipping Company) to form a cooperative...
SEOUL, Dec 11 (Reuters) – Heavily indebted South Korean shipper Hyundai Merchant Marine Co Ltd (HMM) said on Sunday it has agreed with the 2M shipping alliance to form a...
By Jacob Gronholt-Pedersen and Joyce Lee COPENHAGEN/SEOUL, Dec 9 (Reuters) – Doubts about the future of Hyundai Merchant Marine Co Ltd surfaced on Friday after Denmark’s Maersk Line said the...
By Mike Wackett (The Loadstar) – Hyundai Merchant Marine (HMM) may have to settle for a slot exchange agreement with 2M partners Maersk Line and MSC, rather than full membership...
By Mike Wackett (The Loadstar). – THE Alliance – Hapag-Lloyd, K Line, MOL, NYK and Yang Ming – have announced their pro-forma east-west tradelane network for April next year. It...
By Sam Whelan (TheLoadstar) After the supply chain havoc caused by Hanjin Shipping’s collapse, and with an alliance reshuffle on the horizon, should shippers be hoping for further carrier consolidation? Or...
By Mike Wacket (TheLoadstar) It might not be easy for one of the new mega east-west vessel-sharing alliances to appease the regulators. The Ocean Alliance, comprising CMA CGM (including APL), Cosco, Evergreen and OOCL, needs...
By Mike Wackett (The Loadstar) – The debate on the reasoning behind the potential alliance grouping of the 2M’s Maersk Line and MSC and the financially troubled Hyundai Merchant Marine...
By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co. gained the most in more than two decades in Seoul trading on optimism a restructuring plan for South Korea’s second-biggest container...
Some of the world’s largest (free agent) container shipping companies are set to unveil a new global shipping alliance to rival the existing 2M and planned Ocean Alliance, according to...
The U.S. Federal Maritime Commission (FMC) on Thursday said it has concluded its review of the so-called "2M Alliance", a proposed vessel sharing agreement between A.P. M0ller-Maersk A/S and Mediterranean Shipping Company SA, approving the operation and paving the way for its start next year.
Denmark's A.P. Moller-Maersk said on Thursday its shipping alliance with MSC Mediterranean Shipping Co would begin operations in January next year after receiving approval from U.S. regulators.
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