iContainers: New Alliances to ‘Shake Things Up’

Image Courtesy: Hapag-Lloyd

New shipping alliances set to come into effect next week will lead to a shortage of options for freight forwarders, online freight forwarder iContainers said.

Starting April 1 the previous four alliances will be regrouped to three, namely THE Alliance, Ocean Alliance and 2M. The effect of this new reshuffle is a reduction of shipping options, according to Carlos Hernández, the co-founder of iContainers.

Already the industry has been left one player short following the collapse of South Korean liner Hanjin Shipping. With the new groupings there will be even fewer players in the market.

“Given the sharing of vessels and routes, this basically translated into multiple carriers having the exact same schedule. Instead of having seven or eight carriers offering a sailing of their own, we will perhaps only be getting three,” Hernández said, adding that this means having fewer alternatives when customers need to meet certain deadlines.

The three new alliances represent 77.2% of global container capacity and 96% of all East-West trades. Of them, Ocean Alliance offers the most services, with some 40 loops. THE Alliance follows with 32 services and 2M with 25.

According to Hernández, the shipping industry can expect to see changes in the traditional patterns it is used to seeing, but that it “will shake things up a little and we can see a healthier industry again.”

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2017 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Green Ship Technology North America

Survival of the fittest in maritime: Make smart investments, ensure you are compliant, future proof your fleet…

read more >

Mozambique Gas Summit & Exhibition

Mozambique Gas Summit & Exhibition is recognised as the leading strategic meeting for Mozambique’s gas industry. Working in partnership…

read more >

Bulk Liquid Storage Europe 2017

The event will cover current key challenges and issues faced by the industry and provide in depth discussions and analysis of today`s…

read more >

3RD ANNUAL GENERAL AVERAGE SEMINAR

ATTEND THIS SEMINAR TO:
– Get up to speed on the revisions to the York-Antwerp Rules 2016…

read more >