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:
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.
More from ShippingWatch
Think tank InfluenceMap has mapped out how well global companies like Unilever, Ikea and Maersk are performing in terms of meeting climate requirements and whether their words match their deeds. Ambiguous communication stands in the way of Maersk reaching the top, the think tank explains to ShippingWatch.