The container shipping industry is in for a major shake-up as the two largest shipping lines in the world, Maersk and Mediterranean Shipping Company (MSC), have announced the end of their 2M alliance. The 2M alliance was a vessel-sharing agreement between the two companies that allowed them to share ships and networks, reduce costs, and improve their competitiveness in the … [Read more...] about Maersk and Mediterranean Shipping Company (MSC), the two largest shipping lines in the world, are on collision course
maritime shipping
The shipping industry is undergoing a significant change with the influx of new vessels arriving just as the growth of trade is beginning to slow down
The shipping industry is undergoing a significant change with the influx of new vessels arriving just as the growth of trade is beginning to slow down. This development is having a significant impact on the industry as shipping companies are faced with the challenge of utilizing the new assets effectively. In recent years, the shipping industry has experienced tremendous … [Read more...] about The shipping industry is undergoing a significant change with the influx of new vessels arriving just as the growth of trade is beginning to slow down