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 ...
© Vladimir Serebryanskiy
The continuing game of musical chairs going on among container shipping lines took another twist today, after troubled South Korean container line Hyundai Merchant Marine revealed that it is in discussions to join the 2M Alliance.
The development comes as a surprise, given that hitherto HMM had openly stated its desire to open talks with a view to joining THE Alliance – comprising Hapag-Lloyd, Yang Ming, Hanjin, K Line, NYK and MOL – which is due to form when their respective participation ...
Comment on this article
firminfo
June 24, 2016 at 3:51 pmHMM was excluded from HyundaI Group on June 7, 2016.
Its management right was transferred to KD Bank because of lots of debts
Maersk and MSC won’t accept HMM as one of their partners after finishing
extensive due diligence of the risks related to the viability of HMM.
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