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MSC, Maersk to discontinue 2M alliance in 2025
MSC and Maersk have mutually agreed to terminate their 2M alliance in January 2025
In a joint statement, AP Moller-Maersk chief executive Vincent Clerc and MSC chief executive Soren Toft 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.
“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.”
A statement explained the 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 to support during, and beyond, the phase-out of the 2M alliance,” it added.
A Maersk customer advisory said, “…We believe we will more efficiently deliver on the evolving needs of customers, such as the importance of reliability, flexibility and sustainability in all aspects of logistics. We will seek to minimise any disruptions to the 2M network leading up to termination in 2025.”
It added, “We believe this change will allow you greater connectivity, thereby easing supply chain issues. We look forward to continuing to assist you on all matters relating to your logistical needs.”
2M 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 2M agreement has a minimum term of 10 years with a 2-year notice period of termination.
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