Home / Shipping / Aviation/ Maersk Line joins NYSHEX as founding carrier member

Maersk Line joins NYSHEX as founding carrier member


Comments / {{hitsCtrl.values.hits}} Views / Monday, 29 January 2018 00:00


Maersk Line joined NYSHEX as an investor on 23 January. 

NYSHEX aims to address the historic inefficiencies in ocean freight contracting to end overbookings, empty container slots or other imbalances that are costing the industry money.

With this Maersk Line joins both CMA CGM and Hapag-Lloyd as carrier founding members.

Along with Hapag Lloyd, CMA CGM, MOL, OOCL and COSCO, Maersk Line will begin posting digital contract offers for the Transpacific Westbound trade on the exchange as early as March of this year.

This marks a significant milestone for the company as it has now added six of the top global ocean carriers as members in the last nine months. These carrier members represent a combined 52% of global capacity and all three of the alliances: 2M, Ocean Alliance and THE Alliance.

 


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Shouldn’t Govt. prevent parliamentary system from decay and destruction?

Friday, 23 February 2018

The wrong people teach us the best lessons. As a clever nation, we had always used our ballot and chased the wrong people


Sri Lanka needs sensible and sound leadership

Friday, 23 February 2018

The Asia section of the print edition of the Economist, under the headline ‘Beasts and Monsters’, said: “To critics of Mahinda Rajapaksa


Something happened out there, but what’s going on in here right now?

Friday, 23 February 2018

I have a confession to make. Yours truly has really lost track of what’s happening in the arena we call national politics.


Putting ‘Yaha’ into ‘Palanaya’ – could standards be the trick?

Thursday, 22 February 2018

I will from the outset indicate that this is not about politics, even though popular terminology cannot be resisted if one is to get the message across. We are driven by emotions and the media is only adding fuel to the fire. If one takes a step back


Columnists More