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Media: P3 alliance headed for US approval

The US Federal Maritime Commission, FMC, looks set to approve the P3 alliance between three of the world's largest container carriers, but the approval will likely come with certain conditions.

Photo: EUROGATE

The P3 alliance looks set to be approved by the US Federal Maritime Commission, FMC, but the approval will likely come with conditions, says the Wall Street Journal, referring to sources familiar with the ongoing negotiations.

The approval of the collaboration between Maersk Line, Swiss Mediterranean Shipping Company, and French CMA CGM will likely happen in late March, but it will probably contain certain conditions to ensure fair competition for smaller players, forwarders, and fuel suppliers, according to the newspaper.

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