HMM, Ocean Network Express — known as ONE — and Yang Ming Marine Transport’s Premier Alliance took effect on Sunday, the Federal Maritime Commission said in a press release last week. The alliance will be in effect for five years.
The alliance was originally slated to go into effect on Dec. 12, 2024, but the FMC halted implementation on Dec. 6 after determining the operational agreement lacked details about its potential competitive impacts.
HMM, ONE and Yang Ming complied with the agency’s request to deliver additional documentation clarifying matters not addressed in the original agreement, according to the release.
“The information provided by the Premier Alliance Agreement was deemed by the Commission as responsive on December 26, 2024,” the FMC said in the release.
HMM, ONE and Yang Ming Marine announced their plans to form an alliance in September. The cooperation agreement includes the carriers’ mainline services across major trade lanes connecting Asia to the North America West Coast, the North America East Coast, the Mediterranean, North Europe and the Middle East.
