Tag Archives: ocean shipping

Six carriers form THE new alliance

There’s a new alliance– THE alliance!  It’s signed, it’s for five years, and it seems real, though anyone may back out.  What’s interesting is their announced commitment to integration beyond the port.  We’ll see how that works out.  No sign yet of what they actually plan to do in that area.

THE Alliance formed of Hapag-Lloyd, Hanjin, K Line, NYK, MOL and Yang Ming, with Hyundai out in the cold

Source: Six carriers sign five-year agreement to form new alliance – but Hyundai must wait to join – The Loadstar

NEWS FLASH: 2M Alliance to launch new Asia-USEC service

Via the Panama Canal.

American Shipper

Source: NEWS FLASH: 2M Alliance to launch new Asia-USEC service | AS Daily Newsletter | AS Daily | American Shipper

Steel monsters making billions from oil crash

Thanks to the Shipping Tribune for this article.  It shows how ships are really just portable inventory.  There’s a long history of oil tankers being used as storage depots.

The steel monsters making billions from oil crash

Source: The steel monsters making billions from oil crash | The Shipping Tribune