2M and HMM sign on the dotted line

Inking the deal are (from left to right), Soren Skou, CEO of Maersk Group, CK Yoo, CEO of HMM, and Diego Aponte, president and CEO of MSC.

Last week the 2M alliance – Maersk Line and the Mediterranean Shipping Company (MSC) – officially signed a deal launching their strategic cooperation deal with Hyundai Merchant Marine (HMM). This includes a series of slot exchanges and slot purchases on East-West routes.

The deal is valid for three years with an option to extend and covers key East-West trades.