Download PDF version

Members of THE Alliance, Ocean Network Express (ONE), Hapag-Lloyd, and Yang Ming announced a fourth member, Hyundai Merchant Marine (HMM), a South Korean container liner shipping company to join The Alliance as a full member.

Through this, the members of THE Alliance have also decided to establish a new cooperation with four members and a term until 2030. The actions were agreed in Taipei on 19 June 2019. Subject to the necessary regulatory approvals, the new contract between the four lines will start on 1 April 2020.

Offering enhanced services

HMM has ordered twelve 23,000 TEU vessels which will be delivered in the second quarter of 2020. Additionally, eight 15,000 TEU new buildings will join HMM´s fleet in the second quarter of 2021. HMM's 23,000 TEU new buildings will be deployed in the Far East – North Europe trade and will further strengthen THE Alliance´s service portfolio.

We are very happy to see HMM join THE Alliance, as their membership will allow us to offer enhanced services"

We are very happy to see HMM join THE Alliance, as their membership will allow us to offer enhanced services to our customers due to a wider port coverage, expansion of our product offerings, more sailing frequencies and a better balance of our cargo flows,” commented Jeremy Nixon, CEO of Ocean Network Express.

Generating additional value

Jae-hoon Bae, President and CEO of HMM: “Being a full member of THE Alliance gives us a lot of pride. We are convinced that we will be successful and generate additional value for our customers, employees and shareholders with combined experience, strategic skills, competitive fleet and strong focus on our clients´ needs.”

THE Alliance was founded by Hapag-Lloyd, together with Kawasaki Kisen Kaisha (‘K’ LINE), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) (the three companies merged their liner services to become Ocean Network Express – ONE) and Yang Ming. It started its cooperation on 1 April 2017.

Download PDF version Download PDF version

In case you missed it

DNV data shows growth in LNG vessel orders 2025
DNV data shows growth in LNG vessel orders 2025

The ordering of alternative-fuelled vessels is continuing to grow in 2025, despite a slowdown in the overall newbuild market. According to data from DNV’s Alternative Fuels...

S-100: Charting a sustainable course for maritime's digital future
S-100: Charting a sustainable course for maritime's digital future

Maritime digitalisation, decarbonisation and autonomy were the dominant themes at this month's Nor-shipping conference, where mariners from around the world gathered to discuss the...

TGE Marine's ammonia systems lead maritime innovation
TGE Marine's ammonia systems lead maritime innovation

Höegh Autoliners has revolutionised maritime transport with its Aurora Class vessels, marking significant progress toward sustainable deep-sea shipping. These Pure Car and Tru...

vfd