Maersk, Hapag-Lloyd Form Shipping Alliance
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Dow Jones
By Adria Calatayud
Danish shipping giant A.P. Moeller-Maersk and Germany's Hapag-Lloyd are teaming up to form a new vessel-sharing agreement from next year, shaking up the global lineup of shipping alliances.
The deal seeks to boost efficiencies and help accelerate the companies' decarbonization efforts, Maersk and Hapag-Lloyd said Wednesday.
Write to Adria Calatayud at adria.calatayud@wsj.com
(END) Dow Jones Newswires
January 17, 2024 04:35 ET (09:35 GMT)
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