2M picks up Hanjin's market shares on Asia-US

International container carriers have to a large extent picked up Hanjin Shipping's market shares on the key Asia-US routes. This applies to Maersk Line and MSC's 2M alliance and Chinese Cosco, in particular, according to data from Busan Port Authority.
Photo: Hanjin
Photo: Hanjin

The collapse of major South Korean container carrier Hanjin Shipping in early September created a vacuum on the routes from Asia to the US in particular, where Hanjin handled a significant portion of the country's exports.

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