News / Zim reacts quickly to threat of being left out in the cold by mega-alliances

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It is clear that ocean carriers outside the G6 and P3 are feeling threatened. If regulators give the green light to these mega-alliances, then by the second half of 2014, the 500 or so  ships they would deploy across east-west tradelanes will saturate the market with unit cost efficiencies other players will struggle to live with.

This bleak prospect no doubt explains troubled Israeli carrier Zim Line’s announcement that it was ‘holding discussions’ with the G6 partners with a view to ...