Read all the latest news about Container alliances. ShippingWatch gives you independent, credible, critical and fair news.

Even the most ardent opponents of BER want to maintain container alliances

The fronts between container carriers and shippers are not necessarily that fiercely drawn when it comes to the carriers' unique competitive edge, says Sea-Intelligence. Even the most ardent opponents of the Consortia Block Exemption Regulation do not want to get rid of alliances altogether, notes the firm.

Fierce criticism of container alliances in comprehensive report

In a comprehensive report, the International Transport Forum, under OECD, voices fierce criticism of the three mega-alliances. The negative consequences far surpass the benefits, and politicians need to act. Read the conclusions and find the complete report here.

This is why the UN sees risks in container consolidation

Recent years of consolidation in the container market contains two stories, according to the UN Conference on Trade and Development. For shipowners and shippers, the development is positive, while it could have negative consequences for terminals and ports, warns the organization.

Container carrier acquisition spree nears its end

The huge consolidation wave sweeping the container industry is about to wind down with Cosco Shipping's billion-dollar acquisition of OOCL, say several analysts to ShippingWatch. Two players look set to become losers in the wake of the trend.

South Africa rejects Japanese container merger

Competition authority in South Africa rejects the planned merger between NYK Line, MOL, and K Line. A merger increases the risks of price fixing in the container market, says the authority.

Maersk and MSC behind biggest vessels on Asia-Europe

The container sector's main tradelane from Asia to North Europe is being serviced by ever-larger vessels. The 2M alliance with Maersk Line and MSC is at the forefront of this trend in which the biggest container vessels are deployed on Asia-Europe, forcing the already large vessels down onto the smaller trades, notes SeaIntel.

"Consolidation is not a game changer, it's the actual game"

Following a loss of at least EUR 5 billion and perhaps upwards of EUR 10 billion in 2016, the container carriers are now trying to save themselves by joining forces. This is pure survival but no recipe for profits, says Olaf Merk, shipping and port expert at OECD.

EU tests possible effect of new container alliances

The EU Commission is informally contacting stakeholders to determine if the prices between Europe and Asia have increased after April 1 this year as a consequence of the fact there are now only three major container alliances left operating.

New CEO will turn around Israel's Zim

ZIM will get a new CEO this summer. He will transform and adapt the company to the new reality of the container market, where the carrier sits outside the three major alliances. According to Wall Street Journal, several shareholders are certain of a sale.

Analysts: Maersk Line headed for billion-dollar improvement

An improved profit of no less than USD 1 billion for 2017 may sound like a bold prediction from Maersk Line, but Danish and international analysts speaking to ShippingWatch all seem confident that CEO Søren Skou is on track to reaching his goal. The group's first quarter results will be released Thursday.

US scrutinizes the power of container carriers

US legislators are reviewing regulation which allows container carriers to enter into confidential partnerships and fix price guidelines. Critics believe that the law disadvantages players such as towage companies.

Seaintel: Container shipowners gear up in Atlantic

The two most important container routes on the Atlantic from North Europe and the Mediterranean to the US East Coast will see a huge rise in capacity this year with the new alliances, according to Seaintel.

Shippers voice harsh criticism of container alliances

Shippers which routinely send containers to Asia are noting "heavily damaging situations" due to a major decline in capacity on the vessels, says the European Shippers' Council, voicing harsh criticism against the three major alliances.

The Alliance will safeguard customers against Hanjin situation

As the first of the three major container alliances, The Alliance is now establishing a trust fund to help the carriers deliver stranded containers if one of the members becomes insolvent. The initiative comes in the wake of criticism from US shippers in particular following the collapse of Hanjin Shipping.

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