Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
Photo: Hapag-Lloyd
Following Hapag-Lloyd’s shock resignation from THE Alliance last week, its partners today reaffirmed their “unwavering commitment to maintaining a robust cooperation throughout 2024” – an announcement that included Hapag.
Since Hapag-Lloyd and Maersk announced that, from February 2025, they would form a new vessel-sharing alliance, the Gemini Cooperation, on the major east-west tradelanes, there has been intense speculation over the future of THEA.
The brief statement from the THEA members is an attempt to calm the ...
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