GCTL8.com (FocusAsia Media Ltd)

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LONDON, Jan 24(FAM) – Recent consolidation among container lines and the changing web of container shipping alliances from April could limit the chance of a price war breaking out between lines in 2017 but are no guarantee of pricing stability, according to one leading analyst.

The ongoing shake-up of the four main current alliances in operation – the 2M Alliance, the G6 Alliance, the CHYHE Alliance and Ocean 3 – after a tumultuous 2016 of mergers and acquisitions is expected to see the emergence of just three alliances by around April.

Subject to regulatory approval, they are expected to comprise of the following lines: The 2M Alliance: Maersk Line (with Hamburg Süd), and MSC; The Ocean Alliance: CMA CGM (with APL), China COSCO Shipping (merged company from COSCO and CSCL), Orient Overseas Container Line, and
Evergreen Line; and THE Alliance: Hapag Lloyd (with UASC), MOL, NYK, K Line and Yang Ming.

 

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