The appointment of Maersk Line's Lars Mikael Jensen as CEO of the planned P3 mega alliance between the world's largest container carriers, Maersk Line, MSC, and CMA CGM, could become problematic, and a subject for debate when the relevant competition authorities have to make a decision regarding the large-scale alliance, says analysts Alphaliner.
"The appointment of Maersk Line’s Lars Mikael Jensen as CEO of the P3 joint vessel operating center in London also raises questions on its operational independence. Lars Mikael was a senior executive in Maersk Line who was previously head of its Asia-Europe trade. The P3’s failure to nominate an independent candidate to run the combined operations of the three carriers will raise further questions about the P3’s neutrality and ability to operate without interference from the three member carriers," says the renowned analyst agency on Tuesday.
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