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The US slams the brakes on Maersk alliance

According to US authorities, the P3 alliance has gone too far without proper authority approval. In an extraordinary move, the Federal Maritime Commission has called for a summit between the United States, EU, and China, concerning the collaboration between the shipping companies.

Photo: Maersk Line
BY TOMAS KRISTIANSEN
Published:

WASHINGTON: The United States' central maritime authority says that the large-scale P3 alliance between Maersk Line, MSC, and CMA CGM could become a threat to the free competition in global container transport, according to a statement by the Federal Maritime Commission.

The US authority, which is responsible for evaluating and ultimately approving the alliance, points out that, among other factors, the 255 ships that will partake in the alliance are not sufficient in terms of maintaining a competitive market:

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