2M to land deal with South Korea's HMM within days

Within the next two weeks, 2M carriers Maersk Line and MSC will be able to present an agreement with South Korea's Hyundai Merchant Marine, say sources with knowledge of the process to ShippingWatch. The South Koreans believe that HMM will join the 2M alliance.

by TOMAS KRISTIANSEN

Just when it looked like the large-scale consolidation wave enveloping the global container industry in 2016 would be capped by Maersk Line's acquisition of Hamburg Süd on Dec. 1, another decisive deal now looks imminent.

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Maersk Line buys Hamburg Süd
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Analyst: Maersk's acquisition came in the final hour
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HMM and MSC join forces to buy Hanjin's US port stake
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