HMM Looks to Join 2M, Assuming Government Doesn’t Get Involved — Panjiva
MENU

Supply Chain Research

HMM Looks to Join 2M, Assuming Government Doesn’t Get Involved

Logistics 476 Mergers 220 South Korea 581 Theme - Alliances 97

Hyundai Merchant Marine saw its stock jump 30% on news that it may join the 2M shipping alliance (with Maersk and MSC) rather than ‘THE Alliance’, Bloomberg reports. The combined group would have 16.6% share of U.S. imports, Panjiva data shows. The market might also be putting this comment in context of Maersk’s willingness to … Continue reading “HMM Looks to Join 2M, Assuming Government Doesn’t Get Involved”

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.