FOUR of the six G6 alliance members posted operating losses in 2014 as the network struggled to integrate their east-west networks, according to Alphaliner's review of financial results.
FOUR of the six G6 alliance members posted operating losses in 2014 as the network struggled to integrate their east-west networks, according to Alphaliner's review of financial results.
Hapag-Lloyd chief executive Rolf Habben Jansen alluded to problems within the G6, saying he had not been "super-satisfied" with its G6 membership, reports London's Loadstar.
All three old New World Alliance (NWA) members chalked up losses last year - APL, US$143 million; Hyundai, $99 million and MOL, $228 million.
Of the three old Grand Alliance (GA) members, only Hapag-Lloyd posted a loss ($149 million), with NYK back in black producing a $46 million gain while Hong Kong's OOCL profit soared to $230 million.
The GA and NWA merged Asia-Europe routes in March 2012, followed by Asia-US east coast services in May 2013 and Asia-US west coast in May 2014.
Loadstar says there has been much industry speculation that the G6 is more cumbersome than its 2M and Ocean Three rivals partly because of the high number of partners of differing corporate cultures.
Alphaliner suggested that the integration of the G6 services "has not been smooth" - in particular on the US west coast, where the six carriers operated out of seven different terminals in Los Angeles and Long Beach.
It is understood the G6 agreement runs until 2016, unlike the 10-year 2M deal between Maersk and MSC.
Hapag-Lloyd chief executive Rolf Habben Jansen alluded to problems within the G6, saying he had not been "super-satisfied" with its G6 membership, reports London's Loadstar.
All three old New World Alliance (NWA) members chalked up losses last year - APL, US$143 million; Hyundai, $99 million and MOL, $228 million.
Of the three old Grand Alliance (GA) members, only Hapag-Lloyd posted a loss ($149 million), with NYK back in black producing a $46 million gain while Hong Kong's OOCL profit soared to $230 million.
The GA and NWA merged Asia-Europe routes in March 2012, followed by Asia-US east coast services in May 2013 and Asia-US west coast in May 2014.
Loadstar says there has been much industry speculation that the G6 is more cumbersome than its 2M and Ocean Three rivals partly because of the high number of partners of differing corporate cultures.
Alphaliner suggested that the integration of the G6 services "has not been smooth" - in particular on the US west coast, where the six carriers operated out of seven different terminals in Los Angeles and Long Beach.
It is understood the G6 agreement runs until 2016, unlike the 10-year 2M deal between Maersk and MSC.
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