Tag: alliance

An Illinois shipper is suing Yang Ming and HMM for failing to meet contractual obligations and colluding to benefit from the breach of contracts.

Lloyd’s Register Maritime Decarbonisation Hub is working with 11 cross-supply chain stakeholders to develop a fleet fuel transition strategy that can enable the establishment of a highly scalable Green Corridor Cluster. 

The three global ocean carrier alliances - 2M, OCEAN, and THE - as well as each of their member companies will now be required to provide enhanced pricing and capacity information, providing the US Federal Maritime Commission (FMC) with uniform data to use in assessing ocean carrier behavior and marketplace competitiveness.

The European Association for Forwarding, Transport, Logistics and Customs Services (CLECAT) sent a letter to the European Union, calling for an inquiry into the container shipping sector, claiming unfair and discriminatory practice.

Sea-Intelligence notes that currently 35% of the Asia-North America West Coast trade capacity offered is on non-alliance services.

The former head of the US operations of liner outfit United Arab Shipping Company (UASC) urged authorities to take measures against current alliance set-ups.

Agricultural exporters in the US urged authorities to impose greater scrutiny on shipping alliances and the behaviour of shipping lines during the pandemic.

Denmark and Costa Rica launched the Beyond Oil & Gas Alliance, which will seek to deliver a managed and just transition away from oil and gas production.

Following the COVID-19 pandemic, shipping alliance informed that more than 100.000 seafarers are stranded at sea, due to the shutdowns which prevent them from entering, transiting countries or even finding flights so as to return home.

The United Arab Emirates joined the United States-led commission aiming to protect marine safety, navigation and worldwide trade. The Director of the International Security Cooperation Department at the Ministry of Foreign Affairs and International Cooperation noted that this alliance adds to worldwide as well as local attempts to prevent threats to marine navigation and global trade, contributing to the conservation of international tranquility and safety and thus establishing the flow of energy supplies to the global economy.