According to MANA, Established in May to counter another two alliances — 2M with Hyundai Merchant Marine and Ocean Alliance — The Alliance consists of Hanjin, Hapag-Lloyd, NYK, Mitsui OSK Lines, K Line and Yang Ming. It is scheduled to begin a 10-year vessel-sharing agreement from next April.
The first member of The Alliance to comment on how Hanjin’s turmoil will affect the future agreement, NYK, told Lloyd’s List in an email: “The impact on The Alliance is limited as the new alliance is due to start operations only next April.”
Hapag-Lloyd issued the same statement a little later.
However, not all agree with the Japanese carrier’s assessment