Ship size key in Asia-Europe
The mega-alliances that have formed on the Asia-Europe trade in the last two months have created a new power structure. It appears that four factions will compete vigorously on the trade from the beginning of April, when partnerships between Mediterranean Shipping Co. and CMA CGM, the Grand and New World alliances, and the CKYH and Evergreen Line are consummated to rival Maersk Line’s standalone operations.