Shipping Siege Continues Closing
Major shipping companies of Ocean Alliance and The Alliance partnerships (51.4% of the world market), announced a strategic partnership in the Mediterranean-US East Coast service from December. This may be a first approximation for the merger of these two alliances, which could lead to the 83.1% of the global market would be in the power of the new Alliance (Alliance/The Ocean Alliance) and 2M Alliance, strengthening the shipping oligopoly at the expense of the port business.
On the other hand, Hapag-Lloyd and Ocean Network Express (ONE) agreed to collaborate strategically in a network of feeder services that has had their first exchanges in Asia and will soon be extended to Europe. In this respect, the Vice President for Latin America and the Caribbean of Maersk, Lars Nielsen, just predict that will be more consolidation in the shipping industry.