Ocean Network Express (ONE), HMM (HMM), and Yang Ming recently announced that they will engage in a five-year close collaboration under the new Premier Alliance banner starting from February 2025. The members of this alliance have revealed that they plan to collaborate on major East West trade routes, including routes from Asia to the West Coast of North America, Asia to the East Coast of North America, Asia to the Mediterranean, Asia to Northern Europe, and Asia to the Middle East. In addition, this new five-year container alliance has signed a cabin exchange agreement with Mediterranean Shipping Company (MSC). Currently, ONE, HMM, Yangming Shipping, and Hapag Lloyd are all members of the THE Alliance. However, this German shipping giant has announced plans to exit its existing shipping alliance and will launch a new long-term operational partnership with Maersk called the "Gemini Partnership" in February 2025. At the same time, Maersk and MSC also announced the imminent end of the 2M alliance. Jeremy Nixon, CEO of ONE, said about the new collaboration and ONE's future business outlook, "We are delighted to announce that we will continue to deepen our strategic partnership with HMM and Yangming Shipping in the East West trade sector. Starting from February 2025, this new collaboration will make the network cooperation between our three companies closer and more efficient. ”He further added, "Overall, this new tripartite alliance will provide strong, reliable, and efficient end-to-end direct port container services for customers engaged in trans Pacific and Asia Europe trade." ONE launched its 2025 trans Pacific trade service product in March 2024. As a continuation of this announcement, the new alliance stated that it will separately release comprehensive updates for all services on major trade routes. These partners also announced that they will establish a cooperative relationship with MSC in Asia Europe trade, which is a cabin exchange agreement for nine services reached by both parties as MSC begins its independent plan outside the 2M Alliance. The new cabin exchange cooperation will cover nine services, through which ONE aims to provide broader direct port coverage and more frequent sailing on the Asia Nordic and Mediterranean trade routes. Nixon said, "We are delighted to announce a new strategic partnership with MSC, a leading operator in the Asia Europe trade sector. Starting from February 2025, Premier Alliance and MSC will be able to provide their customers with an extremely powerful and extensive end-to-end port service network. ”He also added, 'We look forward to new cooperation with MSC, as well as collaboration between both parties in their respective joint operational expertise and joint network synergies.'. ”ONE points out that through its cabin exchange cooperation with MSC, it will be able to provide customers with a broader service network. Kyung Bae Kim, CEO of HMM, said: "We are delighted to continue our alliance partnership with ONE and Yangming Shipping, which has demonstrated the long-term and productive partnership between our three companies, whether in the past, present or future. ”HMM stated that it will continue to provide customers with a wide range of services, including HMM's independent services. Dr. Feng Mingcai, Chairman of Yangming Shipping, said, "The continued cooperation with HMM and ONE not only reflects the deep trust and shared vision between our three companies, but also demonstrates our firm commitment to providing customers with tremendous value and extensive coverage