A part of Watch Media

ShippingWatchSaturday28 January 2023

  • Search
  • Log in
  • Carriers
  • Logistics
  • Regulation
  • Suppliers
  • Search
  • Log in
  • Latest
  • Search
  • Log in
  • Carriers
  • Logistics
  • Regulation
  • Suppliers
  • Offshore
  • Ports
25/01/2023at 10:09

Maersk and MSC dissolve 2M alliance

The two container majors have agreed to terminate their current partnership effective January 2025.
Photo: Ingo Wagner/AP/Ritzau Scanpix
by ASTRID STURLASON

Maersk and MSC have agreed to terminate the 2M alliance from January 2025.

Markets have changed substantially since the two world-leading carriers launched their collaboration in 2015, and this now results in a dissolution of the partnership.

A joint statement from the two companies reads as follows:

”Discontinuing the 2M alliance paves the way for both companies to continue to pursue their individual strategies. We have very much appreciated the partnership and look forward to a continued strong collaboration throughout the remainder of the agreement period. We remain fully committed to delivering on the 2M alliance’s services to customers of MSC and Maersk,” say Maersk CEO Vincent Clerc and MSC CEO Søren Toft in a joint statement.

Major alliances

The nine leading carriers have divided into three major alliances.

  • 2M: MSC and Maersk
  • Ocean Alliance: Cosco, CMA CGM, Evergreen and OOCL
  • THE Alliance: Hapag-Lloyd, ONE, HMM and Yang Ming


The collaboration has a two-year term of notice.

As described by ShippingWatch, Maersk and MSC have in recent years moved in opposite strategic directions.

When 2M was established, having major ships was considered crucial.

This belief has now been revised by some carriers at a time where the logistics chaos of the pandemic has made companies reorganize their supply chains, spreading out production over more countries as well.

Three major container alliances exist today: 2M, Ocean Alliance and The Alliance.

Speculations have circled for long as to whether the 2M alliance would be dissolved or altered to align with the post-pandemic reality on freight markets.

The deal between the two carriers is a so-called Vessel Sharing Agreement, VSA, where Maersk and MSC on certain routes are allowed to use slots aboard each others’ ships, thereby optimizing operations.

English edit: Kristoffer Grønbæk

Related articles:

  • Photo: Amr Abdallah Dalsh/Reuters/Ritzau Scanpix

    Dissolution of major box alliances could be underway

    For subscribers

  • Photo: MSC - PR

    Is MSC getting too big for 2M alliance with Maersk?

    For subscribers

  • Photo: Msc - Pr

    Søren Toft explains spree of ship purchasing: "If we hadn’t done it, I’m pretty sure someone else would have"

    For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Foto: Höegh Autoliners
Carriers

Car carriers have rarely seen such profits: "We are probably at an all-time high"

After a difficult time during the pandemic, 2022 has exceeded all expectations for car carriers, says chief exec of Höegh Autoliners. Low capacity and electric cars out of China are main factors in elevating prices.
  • Norwegian carrier lands another large gas deal with Germany
  • Höegh Autoliners joins climate coalition

For subscribers

Foto: Markus Scholz/AP/Ritzau Scanpix
Container

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

For subscribers

Foto: Ints Kalnins/Reuters/Ritzau Scanpix/REUTERS / X02120
Tanker

Fredriksen now owns nearly as many Euronav shares as the Saverys family

For subscribers

”Blue Water wants to grow – but it will be with a focus on profitable growth, and we will hold on to our strong values, unique customer focus and high level of satisfaction among both customers and personnel,” states Kurt Skov, founder and departing chair at Blue Water Shipping. | Foto: Carsten Andreasen/Ritzau Scanpix
Logistics

Blue Water founder promises future "focus on profitable growth"

For subscribers

Foto: Tatiana Meel/Reuters/Ritzau Scanpix
Regulation

EU considers capping Russian fuel prices at USD 100 a barrel

For subscribers

Foto: Statoil/AP/Ritzau Scanpix
Offshore

Borr Drilling raises USD 400m to pay off debt

For subscribers

Further reading

Chief execs of Maersk and MSC, Vincent Clerc and Søren Toft, acknowledges that much have changed for the carriers since launching the 2M alliance. For that reason, the partnership is now ended. | Foto: Jacob Gronholt-pedersen/reuters/ritzau Scanpix og Jason Decrow/ap/ritzau Scanpix
Container

End of 2M alliance could trigger a domino effect

A new reality on freight markets and a need for fewer ties could be main reasons behind MSC and Maersk terminating their partnership. More alliance dissolutions could be coming, according to shipping analyst.

For subscribers

Foto: Sina Schuldt/AP/Ritzau Scanpix
Container

New executive team to steer Maersk through recession: "A lot of highly experienced industry people"

With Maersk headed for troubled waters following the pandemic heydays, it makes sense to expand the executive team, analysts say.

For subscribers

Foto: Amr Abdallah Dalsh/Reuters/Ritzau Scanpix
Container

Dissolution of major box alliances could be underway

Market fundamentals have changed in the wake of the pandemic, and this could lead to new and surprising alliance constellations among leading carriers, says one analyst.

For subscribers

Latest news

  • Blue Water founder promises future "focus on profitable growth" – 27 Jan
  • Borr Drilling raises USD 400m to pay off debt – 27 Jan
  • Income for ice class tankers has surged by 1,644 percent following sanctions – 27 Jan
  • Floating power station to provide energy for one million Ukrainians – 27 Jan
  • Maersk rebrands Hamburg Süd and several other well-known subsidiaries – 27 Jan
  • Car carriers have rarely seen such profits: "We are probably at an all-time high" – 27 Jan
  • Fredriksen now owns nearly as many Euronav shares as the Saverys family – 27 Jan
  • EU considers capping Russian fuel prices at USD 100 a barrel – 27 Jan
  • New partnership to investigate potential human rights abuse at sea – 27 Jan
  • Singaporean competition authorities to probe DSME sale – 27 Jan
See all

Jobs

  • Senior Lead, Human Sustainability at Sea

  • Financial Controller for International Shipping Company

  • Copenhagen Shipping Company is hiring a skilled cargo broker

  • Foundation Package Manager - Offshore wind industry

  • Chartering Manager for Lauritzen Bulkers A/S

  • Junior Finance Business Partner - offshore wind industry

Jobs

  • Senior Lead, Human Sustainability at Sea

  • Financial Controller for International Shipping Company

  • Copenhagen Shipping Company is hiring a skilled cargo broker

  • Foundation Package Manager - Offshore wind industry

  • Chartering Manager for Lauritzen Bulkers A/S

  • Junior Finance Business Partner - offshore wind industry

See all jobs

Colophon

ShippingWatch
Search

Sections

  • Carriers
  • Logistics
  • Regulation
  • Suppliers
  • Offshore
  • Ports
  • Sitemap
  • RSS feeds

Editor

Tomas Kristiansen

tk@shippingwatch.dk

Tel.: +45 3330 8360

Editor-in-chief

Anders Heering

Publisher

JP/Politiken Media Group Ltd

Advertising

annoncering@infowatch.dk

Tel.: +45 7077 7445

Advertising

Job Advertising

job@infowatch.dk

Tel.: +45 7077 7445

Jobs

Subscription

Try ShippingWatch or get an offer for a subscription meeting the exact needs of you or your company.

shippingwatch@infowatch.dk

Tel.: +45 7077 7445

Learn more about subscriptions here

Address

ShippingWatch

Rådhuspladsen 37

1785 Copenhagen K, Denmark

Tel.: +45 3330 8360

Guidelines

  • Privacy Policy

Copyright © ShippingWatch — All rights reserved

Microsoft is in the process of discontinuing Internet Explorer – and so are we.
For a better experience, we recommend using one of the following browsers.

Kind regards,
ShippingWatch

Google ChromeMozilla FirefoxMicrosoft Edge