The formerly named THE Alliance will become the Premier Alliance as of February 2025, with Ocean Network Express (ONE), HMM and Yang Ming Marine Transportation to continue their collaboration with the outside support of MSC.

All three carriers confirmed they would continue their alliance after February under the new name, despite Hapag-Lloyd leaving the group to form the Gemini Cooperation with Maersk, with routes along the East-West trade.

The group also revealed it had agreed to a slot exchange cooperation agreement with MSC, which will leave its own 2M alliance with Maersk in January, involving nine services on the Asia-Europe trades in a boost for the diminished capacity of the Premier Alliance.

ONE CEO Jeremy Nixon said the new collaborations allowed the new all-Asian alliance to offer a “very capable and extensive network” to customers despite the major industry shakeup led by Hapag-Lloyd’s decision to leave the group.

Nixon said: “The close network collaboration that exists between the three companies will be further strengthened and enhanced under this new collaboration starting from February 2025. 

“Collectively this new tripartite alliance will offer strong, reliable and highly dependable end-to-end direct port container services to its customers on both the Transpacific and Asia-Europe trades.”

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The Premier Alliance announcement came at the same time MSC revealed the makeup of its new standalone East-West network to customers as it goes out on its own from February 2025 for the first time since it formed the 2M alliance in 2015.

As the world’s largest shipping carrier by fleet size and capacity since 2022, the Italy-based company said it would be able to offer “unmatched connectivity” across five trades and 34 loops, including 11 of the Transatlantic network, seven of the Asia-North Europe route, and six loops of the Asia – North America East Coast route.

MSC CEO Soren Toft said: “With the addition of select slot swap agreements we will provide complete coverage across all East/West routes.

“Furthermore, as we assume full operational control of our network, we can today offer clients both Suez and Cape of Good Hope routing options. This announcement represents an important milestone in the evolution of our global network and the vision of MSC’s founding family.”