Independent journal on economy and transport policy
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Partnership MSC - CMA CGM? Nothing of new under the sun, according to Alphaliner
The agreement will not involve some reduction of the ability offered from the two carriers on the route To make East - North Europe
December 15, 2011
According to the society of Alphaliner advising of the AXSMarine group, the new partnership between two of the main shipowning societies of the transport of line, CMA CGM and the Mediterranean Shipping Company (MSC), respective third and second world-wide company of the field, will not involve some reduction of the ability to hold offered from the two carriers on the route between Far East and Europe North, market to which is initially turned the offer of the new alliance in the long term ( on 1° December 2011).
For Alphaliner, in fact, the recent announcement of the new partnership "has given dared to hurried conclusions and - it has found the society - it has induced some to assume that this would have foreshadowed for a 2012 new big wave of consolidation in the field of the transport of the container". According to Alphaliner, "such conclusion is premature as not there is some test that some meaningful initiative towards the consolidation will be put into effect in the course of next the twelve months. In a situation of tightened of the credit and financial markets weak people - it has observed the society - the carriers they will have remarkable difficulties to finance any meaningful acquisition, while instead they could try to extend the operating alliances through partnership with other companies, initiatives that do not involve a reduction of the competition".
Alphaliner has found that the agreement between MSC and CMA CGM is relative to activity of slot exchange and vessel sharing, than at all does not constitute innovative initiatives in the market, than in the last decade the two companies ocean-going liners have collaborated episodically on the routes and that from 2004 both they are part of a Vessel Sharing transpacifico Agreement to which in 2008 has joined also Maersk Line.
Alphaliner has evidenced that this type of cooperations is not at all new for the market. As saying: nothing of new under the sun! Indeed, the society previews that the next year the ability offered weekly on the route To make East - North Europe will grow of the 5-10%, on the base of the question.
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