News / Latin line pours cold water on rumours of wider box shipping cooperation

13/10/2016

One of the largest shipping lines in Latin America has poured scorn on the idea that container shipping lines could extend cooperation beyond the main deepsea east-west trades.

With the current four vessel-sharing agreements set to be consolidated into three – 2M plus Hyundai Merchant Marine, the rejigged Ocean alliance and THE Alliance – from March next year, there has been considerable speculation that carriers may look to extend their cooperation into the north-south trades, particularly Latin America.

This has been given ...