G6 Alliance to Maintain Service Structure through 2016

By Eric Haun
Friday, December 11, 2015

Container shippers of the G6 alliance intend to maintain current service structure and operate as aligned through 2016, following news of CMA-CGM’s potential takeover of Neptune Orient Lines (NOL) announced earlier this week.

Singapore-based NOL, parent company G6 member APL, said it will continue to operate as normal as its acquisition remains subject to regulatory approvals expected in the later part of next year.

Other G6 Alliance members include Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines (MOL), Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL). 

Upon its acquisition of NOL, CMA CGM said it plans for APL to join the Ocean 3 alliance along with United Arab Shipping Company (UASC) and China Shipping Container Line (CSCL), who under parent company China Shipping Group Co, meanwhile is due to merge with China Ocean Shipping (Group) Company (COSCO).

Categories: Container Ships Logistics Mergers & Acquisitions People & Company News

Related Stories

German Exports Decreased in May As Companies Frontloaded in Q1 to Beat Tariffs

Bunge Charters Argentine Soy Meal Cargo to China

TOTE Promotes Hofeling, Crawford

Current News

ariffs, Sanctions and Shipping Risks: The New Supply Chain Reality

German Exports Decreased in May As Companies Frontloaded in Q1 to Beat Tariffs

Bunge Charters Argentine Soy Meal Cargo to China

NYK-TDG Maritime Academy Celebrates 80 Graduates

Subscribe for Maritime Logistics Professional E‑News