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HMM's new chief executive will visit 2M partners

HMM's new chief executive will this week visit Maersk in Copenhagen as well as MSC in Geneva "to consolidate the relationship" with the 2M alliance. HMM's agreement with the container alliance expires in April 2020.

Maersk and MSC remove capacity on critical route

The alliance partners are suspending a route between Asia and Europe. Although the move will have some influence, other shipowners must follow the same example for it to impact rates, says Drewry.

Maersk og MSC fjerner kapacitet på vigtig rute

Allianceparterne suspenderer en fast afgang mellem Asien og Europa. Selvom manøvren vil have nogen indflydelse, skal andre redere følge samme eksempel, før det vil påvirke raterne, vurderer analysehuset Drewry.

Maersk Line gives the cold shoulder to 2M partner MSC

This story could also have been titled: "Geneva calling Copenhagen," as MSC has, in a surprise move, made a public call for its 2M partner to sail slower and adjust its route network. ShippingWatch brings Maersk Line's response here.

MSC will sail slower and abandon unprofitable routes

MSC is in the midst of a large-scale process aimed at ensuring increased reliability and efficiency. This includes having ships sailing slower, and the company wants 2M partner Maersk Line to join in, President and CEO Diego Aponte tells Lloyd's List.

MSC gets surprisingly good result in Northern Europe

MSC Scandinavia, which covers important areas such as Russia, Scandinavia and Eastern Europe, has published a surprisingly good 2017 result. The company is the only one of Maersk Line's alliance partners, MSC, to publish reports.

Hyundai Merchant has scaled back after 2M arrangement

Hyundai Merchant Marine has reduced its capacity by 28 percent in the period from April to June, according to Alphaliner. HMM has chartered nine vessels to the 2M alliance members Maersk Line and MSC, with whom the South Korean carrier has formed a vessel sharing agreement.

HMM books major operating loss in 2016

South Korean container carrier HMM ends 2016 with an operating loss of USD 595 million, writes Alphaliner. Besides bankrupt Hanjin, the carrier's operating margin was the worst among listed carriers last year, writes the analyst agency.

SeaIntel: Keep an eye on rates in April

The launch of the new container alliances on April 1 will mark a new era for container shipping, and market observers will keep an eye on whether the new setup helps container majors keep rates high on key trades, notes SeaIntel.

Analysis: Considerable savings in having fewer container hubs

The container carriers are working to reduce the number of direct links between several ports on the major tradelanes which will be serviced by the three alliances starting April 1. A new analysis concludes that this could be good for the carriers' business, though it could also hurt the ports.

Alphaliner: Maersk Line and MSC in massive capacity buildup

The 2M alliance between MSC and Maersk Line will, starting April, increase its capacity on Asia-Europe by 25 percent, and the significant volume expansion could trigger rate disruptions, writes analyst firm Alphaliner in its latest newsletter.

SeaIntel: Container alliances mean fewer port pairs

When the new container alliances and 2M launch their new sailing schedules on Asia-Europe a few weeks from now, shippers must expect fewer direct links and thus bigger needs for cargo reloading in ports, according to an analysis from SeaIntel.

South Korea supports Hyundai Merchant with more than USD 600 million

Maersk Line and MSC's South Korean collaboration partner Hyundai Merchant Marine will get a majority of the funds made available by the South Korean government to support the country's shipping and shipyard sector. The funds will be used to order new vessels, among other things.

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