Newly-merged Chinese ocean carriers Cosco and CSCL, together with Evergreen, OOCL and CMA CGM are set to form a new east-west mega-alliance.
According to Alphaliner, the new grouping would challenge the market dominance of the Maersk and MSC 2M vessel-sharing agreement.
The plans, apparently discussed at high-level meetings last month, would “radically alter the currently liner shipping landscape”. Of the four east-west alliances, only the 2M (Maersk and MSC) would remain unchanged.
OOCL is a member of the G6; ...
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