More on the issues of mergers.
The rejection was technical, based on the fact that the three companies wanted to share information prior to a merger. The FMC claimed no jurisdiction in this case. After the merger, the alliance could be reconsidered and might be allowed to share data. I don’t feel it will ultimately affect the alliance plans.
Source: FMC Rejects Japanese Trio’s Shipping Agreement | World Maritime News
Posted in Logistics, Shipping, Strategy, Supply Chains
Tagged container shipping, Logistics, mergers, Shipping, supply chains
More mergers in ocean carrier ranks. Payback out of savings in 8 years. And what does this do to alliances? We’ll find out, won’t we?
Maersk has finalized its purchase of container shipping line Hamburg Süd from the Oetker Group after both boards approved a Sale and Purchase Agreement today.
Source: Maersk Line to Pay $4 Billion for Hamburg Süd – Supply Chain 24/7
By Mike Wackett (The Loadstar) – “Organised chaos” – that’s how one carrier describes the Asia-Europe schedules of the Ocean and THE alliances, believing there’s very little hope of vessels hitting itineraries before June. The source, an alliance member, told The Loadstar the transition of ships and containers from previous schedules to their new alliance hubs […]
Source: New Shipping Alliances Bringing Chaos to Asia-Europe Tradelanes – gCaptain
Posted in Logistics, Shipping, Strategy, Supply Chains
Tagged alliances, big ships, container shipping, intermodal, mergers, ocean shipping, Shipping, supply chains
Maersk is one step closer to its proposed merger with Hamburg Sud. It required an agreement for Hamburg Sud to drop out of five other alliances it was a part of when the deal closes, possibly by the end of 2017. Radical reorganization of the alliances is going to play havoc with shippers’ plans, of course, and require new contracts all around. The transaction costs to shippers will be substantial. And no one will defray this burden, unless Maersk and the other alliances cut rates accordingly to help convince shippers to go through the change.
Long term it might benefit shippers. But in the shorter run it’s hard to see how.
There are still four countries that need to approve the deal, so it will be a while before we learn all the fallout from the merger.
Source: EC clears the way for Maersk takeover of Hamburg Süd – The Loadstar
Posted in Logistics, Shipping, Strategy, Supply Chains
Tagged alliances, maritime, mergers, ocean shipping, Shipping, transportation
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