OCEAN Alliance cooperation extended until 2032

OCEAN Alliance cooperation extended until 2032

The four member carriers of the OCEAN Alliance have extended their operational…
After strong 2022 results

HMM staying on course after strong 2022 results

Revenue rises 34.7% year on year to KRW18,587 billion (US$14.54 billion) in…
Ending 2M alliance in

Maersk, MSC ending 2M alliance in January 2025

Two largest ocean liners Maersk and MSC will dissolve their 2M alliance…

CMA CGM swings to profit on strong volume growth, higher freight rates

The CMA CGM group reverted to profit in 2017 following a loss…

Freight rate rebound outlook solidifies heading into the second half

The ocean freight market appears more firmly set for a recovery, and…

Cosco, CMA CGM intensify port ties in time for Ocean Alliance launch

China-based Cosco Shipping Ports and France’s CMA Terminals Holding have forged a…

THE Alliance cleared to operate on US waters

The proposed liner consortium of five ocean carriers called “THE Alliance” becomes…

CMA CGM announces loss as volumes, rates still falter

Global container shipping company CMA CGM experienced a loss of US$268 million…

6 box liners strike deal to set up ‘THE Alliance’ to ply all East-West trades

Six ocean carriers are forming a new alliance that will grab an…

Fitch: M&As more effective than alliances for capacity cuts

There will be increased movement toward mergers and acquisitions (M&As) in the…