Page 10: of Maritime Logistics Professional Magazine (Mar/Apr 2017)

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REGULATORY WATCH

FULL AHEAD:

NEW GENERATION OF CARRIER ALLIANCES

AND SLOT/VESSEL SHARING ARRANGEMENTS;

SM’S (BULLET) LINE; FWE FOR HANJIN.

BY WILLIAM P. DOYLE n April 1, 2017, the new generation of carrier alliances (NYK Line) and Kawasaki Kisen Kaisha (“K” Line), Hapag- became reality. In the run up to April 1st there was a Lloyd, United Arab Shipping Company (UASC) and Yang

O? urry of activity with ocean carriers entering into ar- Ming Transport. The three Japanese carriers planned on com- rangements with other carriers in competing alliances and bining their container operations into one company by April with other carriers not signatory to any of the alliances. 1, 2018. In addition, Hapag-Lloyd and UASC are scheduled to merge by May 31, 2017.

The New Generation of Alliances

The 2M Alliance is an existing alliance made up of Maersk Flurry of Activity: inside and outside of Alliances

Line and Mediterranean Shipping Company (MSC). Maersk The ocean carrier alliances are not necessarily as rigid as one is scheduled to take over Hamburg Süd by the end of 2017; would think. Indeed, ocean carriers often enter into vessel and

Hamburg Süd will be folded into 2M through Maersk. slot sharing agreements with members of other alliances or

The OCEAN Alliance is made up of CMA CGM, and its with carriers that are not party to any alliances. A review of the recently acquired American President Line (APL), Orient recent activity affecting the U.S trades is highlighted below:

Overseas Container Line (OOCL), Evergreen and COSCO

Shipping Lines Co., which consists of the now merged China • Maersk/MSC/HMM Strategic Cooperation Agreement:

Ocean Shipping Company (COSCO) and China Shipping In the last week of March, the FMC unanimously cleared

Container Line (CSCL). the strategic cooperation agreement between Maersk, MSC

THE Alliance is comprised of the big three Japanese car- and Hyundai Merchant Marine (HMM). This arrangement will riers, Mitsui O.S.K. Lines, Nippon Yusen Kabushiki Kaisha be known as the “Maersk/MSC/HMM Strategic Cooperation

Image: Port of New Orleans 10 Maritime Logistics Professional March/April 2017 | |