Get our introductory offer at only
*$0.99/month for first 3 months
$29.90/month for the next 9 months
HAPAG-Lloyd AG, Germany's top container shipping line, and five Asian carriers will form a new vessel-sharing alliance to take on bigger rivals amid a glut in capacity that's depressed freight rates.
The partners will include Japan's Kawasaki Kisen Kaisha Ltd, Mitsui OSK