Maersk and MSC agree to terminate 2M alliance
MSC Mediterranean Shipping Company (MSC) and Maersk A/S, have mutually agreed to terminate, effective in January 2025, the present 2M alliance
MSC Mediterranean Shipping Company (MSC) and Maersk A/S, have mutually agreed to terminate, effective in January 2025, the present 2M alliance
In a joint statement, Chief Executive, Vincent Clerc of AP Moller - Maersk, and Chief Executive Soren Toft of MSC stated : ‘MSC and Maersk recognize that much has changed since the two companies signed the 10-year agreement in 2015’.
The joint statement continued, ‘Discontinuing the 2M alliance paves the way for both companies to continue to pursue their individual strategies. We have very much appreciated the partnership and look forward to a continued strong collaboration throughout the remainder of the agreement period. We remain fully committed to delivering on the 2M alliance’s services to customers of MSC and Maersk’.
Source : PR News
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