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2M voids one in five voyages in second quarter

Sliding demand forces container alliance 2M, which consists of Maersk Line and MSC, to void more than one fifth of its voyages between Asia and Europe as well as Asia and the Mediterranean in the second quarter of 2020, reports Sea-Intelligence.

Photo: Wärtsila

The corona crisis hits container alliance 2M as it puts a halt to demand.

As such, the alliance voids 21 percent of its sailings between Asia and Europe as well as Asia and the Mediterranean in the second quarter of 2020, writes analyst firm Sea-Intelligence.

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