The 2M partnership between MSC and Maersk — which is breaking up — is the smallest of the three alliances. The Ocean Alliance is much larger.
Speculation is swirling on how the end of a global container shipping alliance will affect ocean carriers and cargo shippers.
ZIM and 2M increase capacity of vessels calling Texas.
Two space-sharing alliances already have canceled 75 voyages through September
The 24,000-TEU Algeciras will make maiden voyage from Qingdao, China, on Monday.
Website and the online booking platform of MSC have gone offline but fallout appears contained.
ZIM, which has entered into space-sharing agreements with Maersk and MSC, says it plans to “double down” on efforts to grow with its partners.
Industry lobbyists and research group present opposing views on whether the alliance structure of ocean carriers has worked.
Slowdown headed for U.S. import volumes as largest exporter sees economy weaken ahead of prolonged holiday.
Spot markets register tightness in vessel capacity as peak shipping season is only just starting.
