Alphaliner: Maersk Line and MSC passive in rate war
As the only two players among the top 20 container carriers, Maersk Line and alliance partner MSC remained passive during the summer, refraining from suspending sailings in the ongoing price war, notes Alphaliner.
BY OLE ANDERSEN
Maersk Line and its partner, Mediterranean Shipping Company (MSC), in the 2M alliance were far too late out of the gate with their suspension of sailings between Asia and North Europe on the so-called AE-9/Condor string as part of the industry's attempts to curb the protracted rate war on container routes between the two parts of the world.
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