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摘要

Shipping lines’ poor financial health sincern2011 has been fuelling mergers andrnacquisitions in the sector. After biddingrnfarewell to APL, CSCL and Hanjin in 2016,rnlines are reluctant to operate alone.rnFrom April, the existing four alliances (2M,rnG6 Alliance, CKYE Alliance and OceanrnThree Alliance) with 15 carriers will bernrevamped into three alliances (2M+HMM,rnOcean Alliances, THE Alliance) with 12rnshipping lines.rnMaersk announced on 1 December thatrnit will acquire Hamburg Süd to strengthenrnits service network in the North-Southrntrade. After the acquisition, Maersk Linernand APMT will benefit from Hamburg Süd’srncargo, but the joint service will furtherrnreduce the number of carriers.