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Grand Alliance members Hapag-Lloyd, Malaysia International Shipping Corp. (MISC), NYK Line, and OOCL have vowed to continue with the alliance, despite the impending takeover and possible alliance withdrawal of P&O Nedlloyd by A.P. Moller-Maersk.
“Should there be any amendments to the composition of the Grand Alliance in 2006, the new vessels ordered by Hapag-Lloyd, MISC, NYK and OOCL will be deployed to meet the expected growth in demand, and services will be further enhanced to offer more options for customers,” the carriers said in a joint statement.
MISC is only a member of the Grand Alliance in the Asia/Europe trade.
Grand Alliance carriers to cover loss of P&O Nedlloyd
