ShippingWatch

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.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Oil service firm loses nearly USD 60 million in three months

Norway's PGS still suffers under the Covid-19-stricken oil market, delivering yet another financial report with enormous red figures on the bottom line. The deficit is smaller than in Q3 2020, however, when PGS lost more than a quarter billion dollars.

IKEA sustainability manager: Green solutions should not cost more

As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.

Further reading

Related articles

Trial banner

Latest news

See all jobs