ShippingWatch

UASC: Alliance with CMA CGM might be on the table

It is not out of the question that UASC will enter into an alliance with CMA CGM and CSCL like most analysts expect following the launch of the 2M alliance, CEO Jørn Hinge tells ShippingWatch.

Last week, MSC and Maersk Line teamed up in a vessel sharing agreement (VSA) dubbed 2M. The news immediately had the shipping world, especially analysts, guessing about what the remaining party of the shelved P3 alliance, CMA CGM, would do.

Analysis firms like Drewry, SeaIntel and Alphaliner all agreed: CMA CGM should join forces with its peers from the Dubai-based carrier UASC and China’s CSCL, which – much like CMA CGM – have invested in massive container ships. And the analysts could be spot on, UASC CEO Jørn Hinge tells ShippingWatch.

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