OOCL, ANL and COSCON have stated that they are forming an Australia-focussed shipping consortium known as A3. This is just one of many alliances launched recently as a response to increasing competition in an over-supplied containerized shipping market. This comes as containerized trade between China and Australia has fallen 2.1% year to date at May … Continue reading “A3 Formed to Fight Slowing China-Australia Trade”
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