Business consultants at AlixPartners have suggested the remaining members of THE Alliance should attempt to form a vessel sharing agreement with Mediterranean Shipping Co (MSC), the world’s largest containerline, as global liner groupings prepare for a major reshuffle early next year. MSC is...
https://splash247.com/yang-ming-hmm-and-one-urged-to-collaborate-with-msc/
The number of scrubber-fitted container ships is now at an all-time high of 36% of the global boxship fleet, due mainly to MSC’s preference for exhaust-cleaning systems, according to Alphaliner’s report.
As of January, there are 10.3 million TEUs of scrubber-installed container ships, up 1.8 million TEUs from a year ago.
MSC accounted for more than 890,000 TEUs in new scrubber-fitted vessels, through an equal combination of newbuildings and second-hand purchases. The Swiss-Italian market leader...
https://container-news.com/peak-in-scrubber-installed-boxship-fleet/
Sea-Intelligence has released the 149th issue of the Global Liner Performance (GLP) report, providing schedule reliability data up to and including December 2023 and covering schedule reliability across 34 different trade lanes and 60+ carriers.
Amid the Red Sea crisis, December 2023 witnessed a substantial -5.0% points month-on-month drop in global schedule reliability, marking the most...
https://container-news.com/contrasting-schedule-reliability-in-taiwans-container-lines/
Taiwanese liner operator Yang Ming Marine Transport will not follow its peers and charter in more ships to capitalise on the Red Sea crisis.
Speaking at a seminar organised by Chung-Hwa Institution for Economic Research on 24 January, Yang Ming chairman Cheng Cheng-mount said, “There is still a tonnage overhang, but the Red Sea crisis that has caused many ships to detour round the Cape of Good Hope has resulted in freight rates jumping in the short term. Economic data is mixed and the market is...
https://container-news.com/yang-ming-not-tempted-to-charter-ships-amid-red-sea-crisis/
THE Alliance, including Hapag-Lloyd, ONE, Yang Ming and HMM, has announced the temporary suspension of AR1 service due to recent Red Sea tensions.
“Due to recent security developments around the Red Sea, the AR1 service will be temporarily suspended until further notice. This decision is a proactive measure to prioritize the safety of our crew, vessels, and your cargo,” said ONE in a statement.
“We are closely monitoring the situation and will resume the AR1 service as soon as it is deemed safe...
https://container-news.com/the-alliance-temporarily-halts-ar1-service-due-to-red-sea-crisis/
The members of THE Alliance have published a joint release to emphasize their commitment to continue their collaboration and operations as usual in 2024.
This statement comes in response to recent developments surrounding THE Alliance, after the announcement of Gemini Cooperation formation between the largest THE Alliance member Hapag-Lloyd and Maersk Line.
“We wish to emphasize our unwavering commitment to maintaining a robust cooperation throughout 2024, ensuring that the highest standards of...
https://container-news.com/the-alliance-reaffirms-unwavering-cooperation-in-2024/
In a bid to quash rampant speculation about its future, the members of THE Alliance have issued a release today stressing that its operations will carry on as per normal for this year. It has been a week since Hapag-Lloyd shocked its liner partners by ditching THE Alliance to form the Gemini...
Early delivery slots in Asia are rare with one notable exception, Taiwan. CSBC, the island’s top shipbuilder, still has space to deliver ships as soon as next year, and Taiwan’s top two lines, Evergreen and Yang Ming, are in discussions for a number of feeder ships at the yard, whose facilities...
Shipping pundits are expecting liner alliances to be redrawn, after Maersk Line and Hapag-Lloyd announced on 17 January that they will form Gemini Cooperation in February 2025.
Maersk Line’s tie-up with Hapag-Lloyd coincides with the ending of the Danish giant’s 2M alliance with MSC in January 2025. Thereafter, Hapag-Lloyd will leave THE Alliance, which also comprises HMM, Ocean Network Express (ONE) and Yang Ming.
Simon Sundboell, founder of consultancy eeSea, opined in a LinkedIn post that...
https://container-news.com/hapag-lloyds-departure-shakes-up-the-alliance/
THE Alliance, including Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, has reconfigured its service network setup.
The updated services will be effective from April 2024.
“One of the key highlights in 2024 will be deploying additional tonnage in several services to ensure the most comprehensive coverage and the most reliable schedule under the existing operational conditions,” said Hapag-Lloyd.
THE Alliance has also noted that in the Asia-North Europe Trade and Transpacific South...
https://container-news.com/the-alliance-announces-updated-service-network-for-2024/