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P3 now being scrutinized by China

The Chinese competition authority has begun its review of the P3 collaboration between container carriers Maersk Line, MSC, and CMA CGM.

Photo: APM Terminals

Following the US review, in which the US maritime authority FMC, the Federal Maritime Commission, is currently waiting for additional information from the three container carriers involved, Maersk Line, MSC, and CMA CGM, the Chinese authorities have now launched their review process of the P3 alliance, according to several media.

The Chinese Ministry of Trade has asked a variety of bodies in the Chinese administration to present their views on how the P3 alliance might affect the Chinese trade and shipping industry.

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