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. 

 

Click on the below link to read more. 

 

https://theloadstar.com/maersk-unleashes-shock-and-awe-rate-hike-on-asia-north-europe/ 

 

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. 

 

Click on the below link to read more. 

 

https://theloadstar.com/2m-go-slow-and-massive-capacity-injection-lights-asia-europe-touchpaper/ 

 

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. 

 

Click on the below link to read more. 

 

https://theloadstar.com/as-its-fleet-grows-msc-maps-out-its-post-2m-standalone-network/ 

 

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. 

 

Click on the below link to read more. 

 

https://theloadstar.com/2m-axes-asia-north-europe-loop-as-carriers-shop-for-more-tonnage/ 

 

Mearsk has announced that their 2M Alliance with MSC will discontinue in January 2025. 

 

Click on the below link to read more. 

 

https://www.maersk.com/news/articles/2023/01/25/changes-to-2m-alliance?utm_source=salesforce_mc&utm_medium=email&utm_campaign=M_5D9731B5422DC_63D100923A19E&utm_term=M_5D9731B5422DC_63D100923A19E+https%3a%2f%2fwww.maersk.com%2fnews%2farticles%2f2023%2f01%2f25%2fchanges-to-2m-alliance&utm_content=4F0821723E426526B558CAA8F0D566E9DA066A2B0614654746FCB50054F1E015&utm_id=109508&sfmc_id=181065135