Subscribe to Premium
Subscribe to Premium
Advanced Search
+

Comment / Mærsk/MSC break-up – now picture Søren Toft's grin

AH
ID 140361447 © Vchalup | Dreamstime.com
By

Søren Toft was on the other side of the table at Mærsk a decade ago to negotiate the 2M alliance with MSC, and now, as chief executive of MSC, is leading the world’s largest container shipping company, growing its fleet as fast as a racing cheetah.

However, Toft will no longer enjoy the help of his previous employer as the two carriers have “mutually agreed to terminate, effective in January 2025, the present 2M alliance”, it was announced today.

The shipping-through-and-through executive, ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £15.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    2M alliance AP Moller - Maersk MSC MSC 2M Soren Toft Vertical consolidation EcoCeres Lufthansa Cargo Maersk Air Cargo Maersk Air Freight Maersk ECO Delivery Air SAF sustainable aviation fuel

    Most read news

    Shippers breathe again as threat of Indian port strikes eases

    Ocean carriers the 'outright financial winners' in a year of unpredictability

    New owner installs new management team at Seko Logistics

    Indian port strikes threat ends as labour agreement gets the green light

    Removing de minimis no 'silver bullet' as ecommerce traffic floods into EU

    Five ways real-time freight intelligence drives ROI in tender negotiations – and beyond

    Evergreen may be eyeing a move from Tanjung Pelepas to Singapore

    Trump backs ILA campaign against 'distress-causing' automation in ports

    ILA VP Daggett rebuts claims US ports are 'inefficient', but hits out at low investment

    Hapag-Lloyd culls China-Germany service amid tonnage supply concerns

    MSC adds more ULCVs to orderbook that equates with world's sixth-largest carrier 

    US ports and intermodal players are geared up to handle volume surges

    Strong Q4 and booming ecommerce drives 'record peak season' for air cargo

    Opening for MSC as CMA CGM pulls out of Hamburg terminal project?

    As tariffs loom, air freight forwarders ponder the chances of a happy new year

    Courier customers hit by knock-on effect of Canada Post strike