Major container carriers join forces in new consortia

Top players in the container industry are organizing themselves in a new consortium between Asia and Latin America, following Maersk Line's acquisition of Hamburg Süd.

Hyundai Merchant Marine
Photo: Hyundai Merchant Marine

A new collaboration among some of the largest carriers operating between Asia and South America's west coast will launch operations in early April this year.

Participants in the collaboration include Hapag-Lloyd, MSC, the new Japanese container merger Ocean Network Express (ONE) and South Korea's Hyundai Merchant Marine (HMM), and the venture is a response to the significant changes that Maersk's acquisition of Hamburg Süd will bring on services to and from Latin America – a continent which, after the acquisition, becomes Maersk Line's single biggest tradelane.

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Related articles

Latest news


See all

See all