Singapore's shippers worried about container alliances

It is without precedent in the industry that all major container carriers on the east-west routes are now gathered in four major alliances, says the Chairman of the Singapore National Shippers' Council.

Photo: Damian Dovarganes/AP/POLFOTO/arkiv

Shippers in Singapore are worried about the increasing influence that the four major container alliances have in the market. Chairman of the Singapore National Shippers' Council, John Lu, expressed this notion at the Annual General Meeting of the council on Monday this week:

"Today, all major carriers in the east-west trades are in one of four alliances, a development unprecedented in the liner shipping industry," said John Lu:

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