Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
© Sheila Fitzgerald
US consultancy AlixPartners has suggested that, as THE Alliance would be the weakest box shipping grouping after Hapag-Lloyd’s departure next year, it should investigate a tie-up with MSC to stay competitive.
MSC will operate alone after Maersk breaks up the 2M Alliance to join with Hapag to form the Gemini Cooperation next February.
The remaining THEA members, ONE, HMM and Yang Ming, will have a combined capacity of just 2.5m teu without Hapag and may need a new member to stay competitive.
However, ...
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