Hyundai Merchant Marine to join THE Alliance

Members of THE Alliance, Ocean Network Express (ONE), Hapag-Lloyd, and Yang Ming announced HMM to join THE Alliance as a full member. The new contract between the four lines will start on 1 April 2020 until 2030.

HMM has ordered 12x 23,000 TEU vessels in the 2nd quarter of 2020, 8x 15,000 TEU vessels in the 2nd quarter of 2021. HMM´s 23,000 TEU vessels will be deployed in the Far East – North Europe trade and will further strengthen THE Alliance´s service portfolio.

THE Alliance was founded by Hapag-Lloyd, Ocean Network Express – ONE, and Yang Ming on Apr 1, 2017.