Members of THE Alliance have published a release emphasizing their commitment to continue operations as usual in 2024.
According to Maersk, the cooperation’s goal is to create a flexible and integrated ocean network with industry-leading dependability.
“In response to recent developments surrounding THE Alliance, which includes member lines Hapag-Lloyd, HMM, Yang Ming Marine Transport, and Ocean Network Express (ONE), we wish to emphasize our unwavering commitment to maintaining a robust cooperation throughout 2024, ensuring that the highest standards of cooperation and exceptional service are delivered to our stakeholders and the industry at large,” the joint statement reads.
Commenting on the news, Lars Jensen, CEO of Vespucci Maritime, said: “This leaves ONE, Yangming and HMM in a very vulnerable position, unable to field a network matching those of Ocean Alliance, MSC and Gemini. The pressure is then on these three carriers to either lure a new partner out from Ocean Alliance, or re-invent a new service concept.”