Maersk, MSC to End Shipping Alliance as Strategies Diverge (1)

A.P. Moller-Maersk A/S and Mediterranean Shipping Co., the world’s largest container lines, will end a partnership of pooling cargo on their vessels after a decade as their rivalry in global logistics intensifies.

The 2M alliance, a capacity-sharing agreement that the companies formed in 2015, will stop in two years so the two can “pursue their individual strategies,” according to a joint statement from Maersk and MSC on Wednesday.

Maersk shares fell as much as 4.9% in Copenhagen after the announcement amid concerns the split may lead to renewed overcapacity and falling freight rates.

“What we need now is ...