MSC Mediterranean Shipping Company and Maersk have decided to part ways and mutually agreed to terminate, effective January 2025, the present 2M alliance.
In a joint statement, CEO Vincent Clerc of AP Moller - Maersk, and CEO Soren Toft of MSC, said: “MSC and Maersk recognise that much has changed since the two companies signed the 10-year agreement in 2015. Discontinuing the 2M alliance paves the way for both companies to continue to pursue their individual strategies.”
Both carriers committed to continuing their strong collaboration for the remainder of the agreement period. “We remain fully committed to delivering on the 2M alliance’s services to customers of MSC and Maersk.”
Today’s announcement has no immediate impact on the services provided to customers using the 2M trades. Each company’s customer teams will communicate with their respective clients regarding support during, and beyond, the phase-out of the alliance.
The 2M vessel-sharing agreement was introduced in 2015 by Maersk and MSC with the aim of ensuring competitive and cost-efficient operations on the Asia-Europe, Transatlantic and Transpacific trades.
The agreement was for a minimum term of 10 years, with a two-year notice period of termination.
