Splash 247

FMC commissioner gives backing to HMM alliance with 2M

FMC commissioner gives backing to HMM alliance with 2M

Array
(
    [0] => WP_Term Object
        (
            [term_id] => 71
            [name] => Americas
            [slug] => americas
            [term_group] => 0
            [term_taxonomy_id] => 71
            [taxonomy] => category
            [description] => This is the Splash 24/7 news archive related to the Americas. News are sorted by release date, from the latest to the oldest.

Get the updated list of the latest news about the Americas. Browse Splash 24/7 for more maritime and shipping news.

            [parent] => 55
            [count] => 2999
            [filter] => raw
            [cat_ID] => 71
            [category_count] => 2999
            [category_description] => This is the Splash 24/7 news archive related to the Americas. News are sorted by release date, from the latest to the oldest.

Get the updated list of the latest news about the Americas. Browse Splash 24/7 for more maritime and shipping news.

            [cat_name] => Americas
            [category_nicename] => americas
            [category_parent] => 55
        )

    [1] => WP_Term Object
        (
            [term_id] => 80
            [name] => Asia
            [slug] => asia
            [term_group] => 0
            [term_taxonomy_id] => 80
            [taxonomy] => category
            [description] => This is the Splash 24/7 news archive related to the Asian Region. News are sorted by release date, from the latest to the oldest.

Find here the updated list of the latest news about Asia. Browse Splash 24/7 for more maritime and shipping news.

            [parent] => 55
            [count] => 6671
            [filter] => raw
            [cat_ID] => 80
            [category_count] => 6671
            [category_description] => This is the Splash 24/7 news archive related to the Asian Region. News are sorted by release date, from the latest to the oldest.

Find here the updated list of the latest news about Asia. Browse Splash 24/7 for more maritime and shipping news.

            [cat_name] => Asia
            [category_nicename] => asia
            [category_parent] => 55
        )

    [2] => WP_Term Object
        (
            [term_id] => 56
            [name] => Containers
            [slug] => containers
            [term_group] => 0
            [term_taxonomy_id] => 56
            [taxonomy] => category
            [description] => This is the Splash 24/7 news archive related to containers sector coming from all over the world. They're sorted by release date, from the latest to the oldest. 

Get the updated list of the latest news about containers. Browse Splash 24/7 for more maritime and shipping news.
            [parent] => 54
            [count] => 1697
            [filter] => raw
            [cat_ID] => 56
            [category_count] => 1697
            [category_description] => This is the Splash 24/7 news archive related to containers sector coming from all over the world. They're sorted by release date, from the latest to the oldest. 

Get the updated list of the latest news about containers. Browse Splash 24/7 for more maritime and shipping news.
            [cat_name] => Containers
            [category_nicename] => containers
            [category_parent] => 54
        )

    [3] => WP_Term Object
        (
            [term_id] => 61
            [name] => Regulatory
            [slug] => regulatory
            [term_group] => 0
            [term_taxonomy_id] => 61
            [taxonomy] => category
            [description] => This is the Splash 24/7 archive related to the regulatory sector news coming from all over the world. News are sorted by release date, from the latest to the oldest. 

Find here the updated list of the latest regulatory-related news. Browse Splash 24/7 for more maritime and shipping news.

            [parent] => 54
            [count] => 412
            [filter] => raw
            [cat_ID] => 61
            [category_count] => 412
            [category_description] => This is the Splash 24/7 archive related to the regulatory sector news coming from all over the world. News are sorted by release date, from the latest to the oldest. 

Find here the updated list of the latest regulatory-related news. Browse Splash 24/7 for more maritime and shipping news.

            [cat_name] => Regulatory
            [category_nicename] => regulatory
            [category_parent] => 54
        )

)

The commissioner of the US Federal Maritime Commission (FMC) has issued a statement of support for the strategic alliance announced between container shipping giants Maersk Line of Denmark, Mediterranean Shipping Company (MSC) of Switzerland and Hyundai Merchant Marine (HMM) of South Korea.

But Doyle also clarified that this new agreement did not include terms of the previously announced so-called 2M alliance, which involves vessel sharing between Maersk and MSC but does not include HMM. So shippers should be clear that the new agreement is not the same as 2M, Doyle emphasized.

2M which comes into effect on April 1 (Saturday), is a 10-year agreement on vessel sharing on Asia-Europe, trans-Pacific and trans-Atlantic trades as the carriers try to optimize capacity. It is seen as a response to the Hanjin Shipping collapse which left many shippers’ cargoes in limbo.

This new Maersk/MSC/HMM Strategic Cooperation Agreement is immediately effective as of Thursday (March 30).

The FMC is an independent federal agency responsible for regulating America’s ocean-borne international transportation

Share this article

Donal Scully

With 28 years experience writing and editing for newspapers in the UK and Hong Kong, Donal is now based in California from where he covers the Americas for Splash as well as ensuring the site is loaded through the Western Hemisphere timezone.

Related Posts