A Korean Container Shipping Alliance (K-Alliance) set to launch in 2021

News - Shipping and Freight Resource

As covered in my Shipping and Freight Review of 2020, the global container shipping market is dominated by 3 major global container alliances consisting of 10 container shipping lines, who together, control a whopping 83.80% of the total container shipping market across various services..

Now a grouping of South Korean container lines are reportedly teaming up to create their own alliance called K-Alliance..

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