THE Alliance affirms ‘robust cooperation’ throughout 2024

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THE Alliance affirms 'robust cooperation' throughout 2024

Members of THE Alliance have published a release emphasizing their commitment to continue operations as usual in 2024.

This comes one week after Hapag-Lloyd announced its departure from the ocean coalition to create the ‘Gemini Cooperation’ with A.P. Moller – Maersk (Maersk), set to begin in February 2025.

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.

READ: CMA CGM, Air France-KLM end air cargo alliance

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.”

In October 2023, THE Alliance announced changes to its Transpacific-East Coast Network by suspending EC4 service from week 46 and update the existing EC1, EC2 and EC5 service.

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