THE Alliance Doubles Bremen’s Woes, Helps Hamburg Reach Newark — Panjiva


THE Alliance Doubles Bremen’s Woes, Helps Hamburg Reach Newark

Corp - Ports 663 Corp - Shipping 610 Germany 162 Mode - Containerized 1006 Mode - Seaborne 1275 U.S. 3306

The members of THE Alliance (Hapag-Lloyd, ONE and Yang Ming) will move four Transatlantic services to Hamburg rather than Bremerhaven. That follows an extensive range of route realignments across the Atlantic by members of all three container-line alliances this year. The move could prove to be a major problem for Bremerhaven as its volumes had already fallen 10% to 5.5 million TEUs over the past five years. U.S.-bound shipments from by the three carriers reached 276k TEUs in the past 12 months, or 9% of Bremerhaven’s outbound volumes. By contrast the services will add 7% to Hamburg’s ou...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.