SeaIntel: Competitors riding Maersk Line wake

The container alliances have learned precision from Maersk Line and Maersk has been rewarded with market discipline.  So is the assessment from the Danish shipping analyst Lars Jensen from SeaIntel six months after the alliances really found common ground.

Photo: Hanjin

The container carriers’ cooperation in different alliances as a counterpart to Maersk Line´s Daily Maersk has made them better while Maersk has been rewarded with discipline from the alliances, SeaIntel shipping analyst Lars Jensen tells ShippingWatch.

When Maersk Line launched Daily Maersk last December in order to secure even higher reliability on its container routes, many of the big container carriers got together in what ended up being three alliances. The two carriers MSC and CMA CGM joined forces just as G6 was established by APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui OSK, Nippon Yusen Kaisha and Orient Overseas Container Line. Furthermore, the four companies Cosco, “K” Line, Yang Ming and Hanjin Shipping formed the alliance CKYH.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Stolt-Nielsen reports best quarterly profit in years

Norwegian Stolt-Nielsen, which has acquired shares in competitor Odfjell, benefitted from higher volumes and spot rates in the chemical tanker market and predicts further improvement in the market. The company is, however, not quite ready for ordering newbuilds.

Skuld opens new office in Tokyo

Skuld is to open a Japanese branch located in Tokyo. To lead the division, Skuld recruits former deputy general manager from Japan P&I Club.

Related articles

Latest news

See all jobs