11/07/2014at 14:40

Drewry: 2M not a disaster for competitors

The new 2M collaborative agreement between MSC and Maersk leaves CMA CGM out in the cold. The carrier might find new collaborative partners going forward, but 2M will not crash the worlds of CMA CGM or the other competitors, says Drewry.

BY LOUISE VOGDRUP-SCHMIDT

Wonder how the competitors felt yesterday, Thursday, when the two largest container carriers in the world announced the new 2M collaboration - a VSA between Maersk Line and MSC?

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Maersk CEO Vincent Clerc (left) and MSC CEO Søren Toft are following very different strategic directions. | Foto: Jacob Gronholt-pedersen/reuters/ritzau Scanpix og Jason Decrow/ap/ritzau Scanpix

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After a profit of historic proportions in 2022, Maersk is facing a new reality this year, entailing a potential price war unleashed by the carrier’s partner in the disbanded 2M alliance, MSC, predicts Drewry.

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