The Alliance will safeguard customers against Hanjin situation
As the first of the three major container alliances, The Alliance is now establishing a trust fund to help the carriers deliver stranded containers if one of the members becomes insolvent. The initiative comes in the wake of criticism from US shippers in particular following the collapse of Hanjin Shipping.
The alliance, one of the three major alliances in the container sector, is now establishing a trust fund which will go in and cover outstanding commitments that could arise if one of the members becomes insolvent.
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