ONE ‘caught on the hop’ when Hapag-Lloyd ended Baltic feeder cooperation

Capt. John

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...

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.