2M Alliance Archives

Freight rate rebound outlook solidifies heading into the second half

The ocean freight market appears more firmly set for a recovery, and the uptrend in freight rates is expected to continue for the rest…

July 27, 2017
2 minute read

MSC working on data sharing with Maersk after cyber attack

Mediterranean Shipping Co. (MSC) said it is looking at ways to support Maersk Line, its vessel-sharing partner that has been hit by a global…

June 29, 2017
1 minute read

Hamburg Sud enters slot purchase deal with Maersk on East-West trades

Danish shipping line Maersk Line has concluded a slot purchase agreement with Hamburg Sud involving shipping the latter’s volumes on the East-West trades on…

February 8, 2017
1 minute read

THE Alliance cleared to operate on US waters

The proposed liner consortium of five ocean carriers called “THE Alliance” becomes effective on December 19, 2016 after it recently received the green light…

December 19, 2016
2 minute read

Hyundai Merchant enters into a limited tie-up with 2M

South Korea’s Hyundai Merchant Marine (HMM) failed to strike a deal for full membership into 2M, the world’s largest container shipping alliance, settling instead…

December 12, 2016
2 minute read

Hyundai Merchant clinches 2M deal, to join alliance April 2017

Financially troubled Hyundai Merchant Marine Co. (HMM) has become a member of the world’s largest shipping alliance, 2M, having met all prerequisites set by…

July 14, 2016
2 minute read

HMM says in advanced talks to join 2M

Financially troubled Hyundai Merchant Marine Co. (HMM) said that its talks to be part of the world’s largest shipping alliance have made significant progress,…

June 24, 2016
2 minute read

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 18% share of the global container fleet capacity, Hapag-Lloyd announced today in…

May 13, 2016
2 minute read

2M Alliance