Index-linked agreements: 'shippers have to have the stomach for them'
Shippers pondering the pros and cons of index-linked agreements (ILAs) “have to have the stomach ...
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By Mike Wackett
The proposed merger of Chinese state-owned shipping groups China Shipping and Cosco, and the possible takeover of NOL and its container arm APL by CMA CGM, could lead to a structural shakeup in container line alliances, according to delegates at last week’s Intermodal conference in Hamburg.
Camilla Jain Holtse, competition compliance officer at Maersk Line, suggested that east-west alliances could drop in number from four to three in the aftermath of the current round of M&A activity in the industry.
Other permutations ...
Comment on this article
KEVIN MONTEATH
November 24, 2015 at 3:10 pmThe mega vessel “Issue” the demand around the globe must balance! Liners must come to a understanding to Launch ” A conference group” slot sharing and pool of vessels is needed all trades, this is my view and understanding, its going to be a tough one to get the system in place, far east liner owners must make to the move they need it more , the mergers are a good strategy in that region, the european conglomerates will have to make this call and SIT down to co-operative for the existence, GRI will not come by. Ports who have made great gains, now need to support this call by liners, decrease in cost and cooperation, revenue flow will be there but this will decline on the bottom line P&L. KPIS need a closer look to monitor and sustain and balance in the ocean trade lanes. A tough time ahead.