Disconnect: time-charters and the freight market
Time to jump off?
The structure of the global container shipping alliance next year is set for a further shake-up after MSC unveiled its new standalone east-west service network and revealed it has concluded a vessel-sharing agreement (VSA) with THE Alliance, covering nine Asia-Europe services.
The pivot point is February 2025, when the 2M partnership of MSC and Maersk is set to disband, while at the same time Hapag-Lloyd will depart THE Alliance to form the Gemini Cooperation with Maersk – at which point, the ...
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