Transpacific sees first major MSC blanks as rates fall and volumes falter
Following nine weeks of consecutive declines in spot freight rates on the transpacific, carriers are ...
Despite the restructuring of the three container shipping alliances, and MSC’s emergence as a solo operator, Cosco Shipping Holdings (CSH) said its liner operators would continue building capacity, while pursuing service quality.
In February THE Alliance will be renamed the Premier Alliance and cooperate with MSC, while Maersk and Hapag-Lloyd will form the Gemini Cooperation.
At an extraordinary general meeting yesterday CSH vice-chairman Chen Yangfan said the Ocean Alliance, comprising Cosco and OOCL, Evergreen and CMA CGM, had 4.82m teu of fleet capacity and ...
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