Premier Alliance –includes, Yang Ming, ONE, HMM – released their network for services throughout the main trade lanes. The initial phase of services will encompass four key east-west routes: trans-Pacific, Asia-Europe, Asia-Mediterranean, and Asia-Middle East, according to the schedules, the JOC reports.

Although the alliance has not yet determined whether to use the Cape of Good Hope or the Suez Canal/Red Sea route when launching in February, ONE has released documents suggesting that the Cape of Good Hope will handle 34 services, while the Suez Canal/Red Sea route will manage 29 services.

This alliance came to fruition due to Hapag-Lloyd leaving their shared THE Alliance with these parties, for a new formed alliance with Maersk, called The Gemini Cooperation.

Furthermore, the FMC has requested more information from the Premier Alliance before their start date goes into effect. According to the FMC, this additional information is required to “determine the potential competitive impacts of the arrangement.” The alliance filed their Premier Alliance Agreement request to the FMC on October 28^th.

The FMC has 45 days from the date it considers the agreement responses complete to assess the agreement for any competitive or legal concerns before it can be finalized.