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One of the more predictable developments in container shipping appears to be on the cusp of happening – the creation of a new alliance involving China Shipping, United Arab Shipping Co and CMA CGM.

It is understood that the new grouping will be known as the CUC Alliance and will bring together the third largest shipping line, CMA CGM, with the two major carriers that have so far remained outside global container shipping alliances.

The move follows China’s refusal to legislate the ...

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