The much-hyped feeder cooperation agreement between THE Alliance members Hapag-Lloyd and ONE has fallen victim to Covid-19.
Since October 2018, a “bilateral strategic feeder network cooperation agreement” has seen the two carriers sharing space on their respective feeder vessels.
However, as part of Hapag-Lloyd’s recently announced “triple-digit-million-dollar” cost reduction plan to mitigate the impact of Covid-19 on its balance sheet, the carrier has suspended a number of its own feeder...
https://theloadstar.com/one-caught-on-the-hop-as-hapag-lloyd-ends-baltic-feeder-cooperation/