News / Six carriers sign five-year agreement to form new alliance – but Hyundai must wait to join

13/05/2016

Troubled South Korean carrier Hyundai Merchant Marine (HMM) appears to be the loser – temporarily at least – in the latest game of alliance musical chairs in the liner shipping industry.

Six carriers today announced the formation of THE Alliance. Hapag-Lloyd, Taiwan’s Yang Ming, South Korean ...

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