Agreement to intensify global control of container shipowners
The competition authorities in the EU, the US and China agreed at a meeting this Thursday in Brussels to strengthen their cooperation and control of the four major container alliances.
BY OLE ANDERSEN
The competition authorities in the EU, the US and China agreed at a meeting this Thursday in Brussels to work together more closely in terms of control of the world's 20 largest container carriers, which are currently organized in four alliances. Together, the four alliances control over 90 percent of the trades between the Far East and North Europe and between Asia and the US.
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