Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Container ship
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
===Shipping industry alliances=== {| class="wikitable sortable plainrowheaders" |- |+ Container ship industry [[Business alliance|alliances]]<ref>{{cite news |url= https://www.drewry.co.uk/container-insight-weekly/weekly-feature-articles/ready-to-go |title= Ready to go |date= 12 Mar 2017 |publisher= Drewry Shipping Consultants Limited}}</ref> |- ! scope="col" | Alliance ! scope="col" | Partners ! scope="col" | Ships ! scope="col" | Weekly services ! scope="col" | Ports ! scope="col" | Port pairs |- ! scope="row" | Ocean Alliance | [[CMA CGM]], [[COSCO Shipping Lines]], [[Evergreen Marine Corporation|Evergreen]] | 323 | 40 | 95 | 1,571 |- ! scope="row" | THE Alliance | [[Hapag-Lloyd]], [[HMM (company)|HMM Co Ltd.]], [[Ocean Network Express]], [[Yang Ming Marine Transport Corporation|Yang Ming]] | 241 | 32 | 78 | 1,327 |- ! scope="row" | 2M Alliance | [[Maersk Line]], [[Mediterranean Shipping Company]] | 223 | 25 | 76 | 1,152 |} In an effort to control costs and maximize capacity utilization on ever-larger ships, vessel sharing agreements, co-operative agreements, and slot-exchanges have become a growing feature of the maritime container shipping industry. As of March 2015, 16 of the world's largest container shipping lines had consolidated their routes and services accounting for 95 percent of container cargo volumes moving in the dominant east-west trade routes.<ref>{{cite news|last1=Leach|first1=Peter|title=Shippers, regulators will be watching closely as alliances launch services|url=http://www.joc.com/maritime-news/container-lines/ocean-three/shippers-regulators-will-be-watching-closely-alliances-launch-services_20150107.html|access-date=23 March 2015|agency=JOC.com|date=7 January 2015}}</ref> Carriers remain operationally independent, as they are forbidden by antitrust regulators in multiple jurisdictions from colluding on freight rates or capacity. Similarities can be drawn {{according to whom|date=May 2023}} with [[airline alliance]]s. In July 2016 the [[European Commission]] reported that it had raised concerns with 14 container shipping carriers regarding their practice of announcing General Rate Increases (GRIs) in a coordinated manner, which potentially conflicted with the EU and [[European Economic Area|EEA]] rules on concerted practices which could distort competition ([[Article 101 of the Treaty on the Functioning of the European Union]]). The shipping companies announced a series of commitments aiming to address the Commission's concerns, which for its part the Commission accepted as "[[legally binding]]" for the period from 2016 to 2019.<ref>European Commission, [https://ec.europa.eu/commission/presscorner/detail/en/ip_16_2446 Antitrust: Commission accepts commitments by container liner shipping companies on price transparency], published 7 July 2016, accessed 9 May 2023</ref> General Rate Increases continue to be published in the industry either annually or sixth-monthly.<ref>Freightos Ltd., [https://www.freightos.com/freight-resources/gri-shipping-increase/ GRI Shipping Increases 2023], ''Freight Term Glossary'', accessed 9 May 2023</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)