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MSC and Maersk Unwind Transatlantic Fleets; CMA CGM to Surpass Maersk
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Overview
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MSC and Maersk are unwinding their 2M vessel-sharing alliance (VSA) fleet, with the transatlantic tradelane being the latest route to be split into separate services. CMA CGM, a French container line, is set to overtake Maersk as the second-largest container line in the world with its orderbook of 122 ships, surpassing Maersk's 683 ships.
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How will the unwinding of the 2M vessel-sharing alliance impact the transatlantic trade routes?
What factors are contributing to the declining earnings and bleak outlook for the second half of the year?
What implications does CMA CGM's rise to the second-largest container line have for the industry?
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