By Adria Calatayud

 

Danish shipping giant A.P. Moeller-Maersk and Germany's Hapag-Lloyd are teaming up to form a new vessel-sharing agreement from next year, shaking up the global lineup of shipping alliances.

The deal seeks to boost efficiencies and help accelerate the companies' decarbonization efforts, Maersk and Hapag-Lloyd said Wednesday.

 

Write to Adria Calatayud at adria.calatayud@wsj.com

 

(END) Dow Jones Newswires

January 17, 2024 04:35 ET (09:35 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.
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