keo nha cai dua ra toi nayNews Highlights week: 05 - 2023

keo nha cai dua ra toi nay active container fleet on keo nha cai dua ra toi nay Transatlantic increased by an impressive 16.2% in 2022, equivalent to 162,300 additional teu slots. keo nha cai dua ra toi nay biggest tonnage shift however has been to Middle East and India related services (+11%), where 320,600 teu of fleet capacity was added last year.
Indian ports are now handling an increasing number of 13,000 - 15,000 teu ships which have been replaced by megamax vessels on keo nha cai dua ra toi nay East West trades. keo nha cai dua ra toi nay growing interest in Indian traffic was reflected by sister companies COSCO Shipping Lines and OOCL launching a South East Asia - India - US East Coast ‘AWES / ISE’ service in December after closing a China - Vietnam - USEC ‘AWE6 / VCE’ loop.
MSC and Maersk let 2M partnership expire in 2025
keo nha cai dua ra toi nay world’s largest and second-largest container shipping lines, MSC and Maersk, last week announced that their ‘2M’ vessel sharing agreement will be discontinued in early 2025.
In a joint statement issued on 25 January, MSC and Maersk said that keo nha cai dua ra toi nay two companies had mutually agreed to discontinue keo nha cai dua ra toi nay 2M after a period of ten years.
MSC and Maersk jointly stated that much had changed since keo nha cai dua ra toi nay two companies signed keo nha cai dua ra toi nay ten-year agreement in 2015. keo nha cai dua ra toi nay carriers commented: ‘Discontinuing keo nha cai dua ra toi nay 2M alliance paves keo nha cai dua ra toi nay way for both companies to continue to pursue their individual strategies’.
keo nha cai dua ra toi nay break-up of MSC and Maersk will certainly bring about significant changes to keo nha cai dua ra toi nay global liner shipping landscape.

Potentially, it could even trigger a re-organization of today’s carrier alliances, as several of keo nha cai dua ra toi nay shipping lines involved in keo nha cai dua ra toi nay three big groups, 2M, OCEAN and THEA, could reconsider their strategic longterm options.
Next to OCEAN (CMA CGM, COSCO, Evergreen and OOCL) and THEA (Hapag-Lloyd, ONE, HMM and Yang Ming), keo nha cai dua ra toi nay 2M Vessel Sharing Agreement is one of today’s global carrier alliances.
Unlike keo nha cai dua ra toi nay other two, 2M has always avoided keo nha cai dua ra toi nay ‘alliance’ moniker and referred to itself as a Vessel Sharing Agreement. For all intents and purposes though, it can be counted as a carrier alliance. keo nha cai dua ra toi nay 2M was set up in 2014 and it became operational in January 2015. Originally, MSC and Maersk had planned to partner with CMA CGM and form a carrier trio, but objections from government regulators put an end to this plan.
Next to keo nha cai dua ra toi nay full partners MSC and Maersk, keo nha cai dua ra toi nay 2M also cooperated with a small number of other carriers on selected trades. This includes HMM which later became a THEA member, as well as ZIM and SM Line.
Like with all major alliances, keo nha cai dua ra toi nay 2M’s scope is limited exclusively to keo nha cai dua ra toi nay three main East - West corridors: Firstly Far East - Americas, secondly Far East - Europe / Med and thirdly Europe - North America. Compared to OCEAN and THEA, keo nha cai dua ra toi nay 2M is even more limited in scope as it does not cover trades to and from keo nha cai dua ra toi nay Middle East.

keo nha cai dua ra toi nay 2M partners currently control 33.7% of keo nha cai dua ra toi nay global container fleet: MSC stands at 4.63 Mteu / 17.6%, while Maersk has 4.23 Mteu / 16.1%. However, not all of this capacity is deployed under keo nha cai dua ra toi nay umbrella of keo nha cai dua ra toi nay 2M VSA.
MSC currently only uses 25% of its fleet capacity (1.15 Mteu) in keo nha cai dua ra toi nay 2M setup, while Maersk deploys 39% (1.66 Mteu) of its fleet within keo nha cai dua ra toi nay partnership’s service network. This results in a 41%-59% split within keo nha cai dua ra toi nay 2M. Both carriers operate keo nha cai dua ra toi nay remainder of their fleets on independent services or within other regional cooperations.
Since keo nha cai dua ra toi nay launch of 2M, both MSC and Maersk have grown massively. MSC’s fleet has almost doubled from 2.54 Mteu in January 2015, while Maersk stood at 2.89 Mteu, almost three years before keo nha cai dua ra toi nay takeover of Hamburg Sud.