News / 'More consolidation among container lines better for shippers than juggling alliances'

After the supply chain havoc caused by Hanjin Shipping’s collapse, and with an alliance reshuffle on the horizon, should shippers be hoping for further carrier consolidation?

Or will the new alliance structure create more stability?

Next April, the four major container shipping alliances – the 2M, Ocean Three, CKYHE and G6 – will become three, in the shape of the 2M (or 3M), Ocean Alliance and THE Alliance.

However, according to McKinsey & Co Shanghai partner Steve Saxon, more consolidation, rather than new alliances, would provide greater benefit to ...