Smedegaard: US approval of 2M a formality

Maersk Group CEO Nils Smedegaard Andersen believes that the US authorities' approval of the 2M alliance should be a formality.

Photo: Torben Strøyer, Polfoto

Nils Smedegaard Andersen, Maersk Group CEO, sees the US Federal Maritime Commission, FMC's approval of the announced 2M alliance between Maersk Line and Mediterranean Shipping Company (MSC) as a formality.

"(...) we believe that the approval should be a formality as they (FMC) had already approved P3," Nils Smedegaard Andersen tells news agency Reuters.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
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

Several factors explain the plummeting dry bulk rates

Dry bulk rates have taken an unusual dive at the beginning of 2022. Most recently, the Baltic Dry Index dipped by 4 percent Friday. Several factors have triggered a ”panic in the market,” an analyst explains to ShippingWatch.

Further reading

Related articles

Latest news

See all jobs