The Port of Singapore is set to be the big winner on the Asia – Europe trade following container shipping alliance reshuffles from 1 April according to Alphaliner.

Cosco Shipping Ports and CMA Terminals Holding have signed a memorandum of understanding (MOU) in Shanghai to reinforce their strategic cooperation on port operations and investments.

The US Federal Maritime Commission (FMC) has concluded its review of the proposed Ocean Alliance, allowing the four-member container lines alliance to become effective on 24 October 2016.

US Federal Maritime Commissioner (FMC) William Doyle is concerned over proposed joint purchasing agreements by the planned Ocean Alliance.

The panel on alliances at the Marine Money Hong Kong Ship Finance Forum proved omniscient with CLSA transportation and materials analyst Daniel Meng commenting that with the merger of Cosco and China Shipping, the alliance that would face the most...

The members of the CKYHE alliance have confirmed their existing cooperation will continue until the end of March 2017.

The new Ocean Alliance will have largest capacity share on the east-west trades from Asia to Europe and Asia – North America according to Alphaliner.