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Posts tagged “2M Alliance”

 
Maersk announce rate hike on Asia-North Europe 
 
Maersk is attempting to undo weeks of heavy discounting on the Asia-North Europe tradelane with a substantial increase in its FAK rates at the end of the month. 
 
And it warned that other routes “may also be subject to increases” as it reassess rate structures across its network. 
 
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2M 'go-slow' and massive capacity injection lights Asia-Europe touchpaper 
 
Next month, 2M partners MSC and Maersk will deploy nine extra vessels on their Asia-Europe services, an injection of capacity in a period of weak demand that may unleash a ferocious race-to-the-bottom freight war on the tradelane. 
 
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As its fleet grows, MSC maps out its post-2M standalone network 
 
MSC is preparing its network for a standalone operation after its exits the 2M east-west vessel-sharing agreement with Maersk at the end of next year – although many in the industry believe the split will happen by mutual consent sooner than that. 
 
Sources cite increasingly acrimonious exchanges over vessel-blanking strategies and fierce competition for customers, along with differences over the status of hub ports within the alliance network. 
 
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2M axes Asia-North Europe loop, as carriers shop for more tonnage 
 
After successive weeks of blanking its AE1/Shogun Asia-North Europe loop, the 2M Alliance has finally confirmed that the service is to be suspended. 
 
It is the first alliance service on the trade lane to be officially culled and is likely to be followed by the removal of more in the weeks to come as ocean carriers try to mitigate the impact of significantly reduced demand. 
 
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