21 November 2016
HMM denies it has been vetoed from 2M

hmm-hyundai-merchant-marine-6deni5bowe3kdb01tcju901p2f2zhedy1b7gi8t497aHyundai Merchant Marine (HMM) sought to quell customer and investor concern over the weekend, denying reports in the Journal of Commerce (JOC) that claimed it had been barred access to the 2M alliance. 2M, made up of the world’s two largest container lines, Maersk and MSC, had signed a surprise MoU with HMM earlier this year on joining the alliance, after the Korean line had been spurned from joining THE Alliance, a new container grouping made up of lines from Japan, Taiwan and Germany.

Nevertheless, senior officials at both MSC and Maersk had in past months stressed that HMM’s entrance into 2M was not a given.

Source from Splash24/7. For more info, please read thru: http://splash247.com/hmm-denies-vetoed-2m/