Hyundai vessel

THE Alliance members have filed an amended version of their vessel-sharing agreement (VSA), to incorporate new member HMM, with the US Federal Maritime Commission (FMC), according to Alphaliner. 

It will also include provision for an increase in its $50m contingency fund from a significant financial commitment from the South Korean carrier. 

HMM will join THE Alliance on 1 April next year, after its slot charter agreement with the 2M Alliance comes to an end. 

Until then it is purchasing Asia to North Europe slots from current partners Hapag-Lloyd, Yang Ming and ONE to cover ...

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