Shipping alliances set for changes from Feb.
February 2025 will mark the start of a restructuring of the global container shipping market. This transformation will have consequences for ports and shipping company clients alike, as per digital freight transport analyst upply.
It points out:
A major upheaval is coming in the world of shipping alliances, which have not been substantially modified since 2017. The three main alliances currently bring together 10 major global shipping companies. From February 2025 on, however, they will be organised differently.
* The 2M alliance will disappear. Maersk will partner Hapag-Lloyd in a new alliance called Gemini, while MSC has opted to operate alone on the lines it currently operates within the alliance.
* Ocean Alliance will continue with the same member companies and services.
* THE Alliance will have three members in future instead of four, following the departure of Hapag Lloyd, and will be known in future as the Premier Alliance.
Overall, the alliances will offer more services from February 2025.
Source: Exim News Service: Paris, Jan. 2