Hanjin, Hapag-Lloyd, "K " Linens, MOL, NYK and Yang Ming form the THE Alliance, to which it will join also the UASC



On ashes of current shipowning alliances G6 and CKYHE a third main consortium of the field of the line services will be born that will place side by side to the summit of the market the alliances 2M, formed from the world leaders Maersk Line and Mediterranean Shipping Company (MSC) that they together have a fleet of the ability almost 5,8 million teu, and Ocean Three, that it has a fleet of the cargo ability almost 2,3 million teu and is constituted by the third world-wide carrier CMA CGM with United Arab Shipping Company (UASC) and Lowers Shipping Container Lines (CSCL), company - this last one - that has rented own fleet of portacontenitori to compatriot COSCON as a result of the most recent fusion of the group leader Lowers Shipping and COSCO that have instituted China COSCO Shipping Corporation.

The third primary new alliance is announced today by five companies of navigation: the Hanjin Shipping South Korean, the Hapag-Lloyd German, the Japanese Kawasaki Kisen Kaisha ("K" Linens), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) and the taiwanese Yang Ming. The five carriers have undersigned a binding agreement in order to constitute the "THE Alliance", than second the forecasts 2017 will become operating in April after the green light of the competent authorities and initially it will have a quinquennial duration. The understanding is relative to the marine traffics East-West, that is the routes between Asia and Europe/Mediterranean, between Asia and the coasts western and oriental of the America North, to the routes ocean-going liners and those between Asia, the Middle East, the Persian Gulf and the Red Sea.

In the new alliance they will meet therefore the Hapag-Lloyd companies, MOL and NYK that currently place side by side in the G6 alliance companies Hyundai Merchant Marine (HMM), Orient Overseas Container Linens (OOCL) and APL, with this last one that it will have to leave the alliance so that the EU commission allows the fusion between its group leader Neptune Orient Lines (NOL) of Singapore with the French CMA CGM, as established in recent days from Brussels ( on 29 April 2016).

Of the THE Alliance they will take part also Hanjin Shipping, "K" Line and Yang Ming that now are bound to Chinese COSCO Container Lines (COSCON) and to the taiwanese Evergreen Line in alliance CKYHE.

If G6 and CKYHE currently put in field a hold ability that is pairs respective to 3,5 million and 4,0 million teu, the fleet of portacontainer of new THE Alliance, that it will be formed give beyond 620 ships, will have a cargo ability pairs to 3,5 million container from 20 ' (teu), that is pairs to 18% about of the total ability to the market of the line transport.

Moreover the companies of the THE Alliance have specified that negotiations with the UASC are on so that lasci the Ocean Three in order to join to the alliance raising some the ability to beyond four million teu thanks to about 550 thousand teu of slots available on the ships of the Middle Eastern company.