Is surge in new alliances set to run out of steam?

The launch of THE Alliance and the Ocean Alliance is providing a test for the container charter market. The two new alliances went live on 1 April after helping to fuel a surprisingly strong rally in the charter market.

Rates for intermediate and large containerships have doubled since the start of the year as lines chased a diminishing supply of available tonnage to fill gaps in their new service schedules. Read more . . . (Subscription)

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