The surprising announcement last week of a “global co-operation agreement” between United Arab Shipping Co (USAC) and Hamburg Sud, so soon after the inking of the Ocean Three east-west trade alliance between the Dubai-based ocean carrier, China Shipping Container Lines and CMA CGM adds a new competitive ingredient into the mix of container liner shipping.
According to Alphaliner, the indirect entry of Hamburg Sud into the Asia-Europe and transpacific arenas later ...
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