Marine Link
Tuesday, July 17, 2018

G6 Alliance to Maintain Service Structure through 2016

Maritime Activity Reports, Inc.

December 11, 2015

Photo: NOL

Photo: NOL

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).

Maritime Reporter Magazine Cover Jul 2018 - Marine Communications Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News