The formation of a new alliance pattern ushered in a major change in the container shipping market! The implementation of the price increase announced by the shipping company is in doubt

On February 1, the Gemini Alliance formed by Maersk and Hapag-Lloyd officially began operations, which marked the entry of the container shipping market alliance into a four-way competition stage. Market insiders believe that the formation of the new alliance marks the entry of the global container shipping market into a new stage of competition. In the future, cooperation and competition between alliances will continue to affect the market structure, and freight rate fluctuations may exceed expectations.
In addition, many shipping companies have successively announced a freight rate increase in March, but the market is divided on whether the increase can be finally implemented.