This week's top stories on ShippingWatch

The crisis in the Ukraine weighs heavily on Danish carriers, while the much anticipated FMC decision about the P3 alliance was finally announced. DFDS also received good news in the Battle on the Channel, and Haldor Topsoe has great expectations ahead of the coming NOx regulations.
Photo: Mikhail Metzel
Photo: Mikhail Metzel

Good news for container giants

The alliance between Maersk Line, MSC, and CMA CGM moved one step closer to final approval as the US Federal Maritime Commission, FMC, green-lighted the alliance on Friday:

P3 alliance cleared by FMC

Maersk Line: Now we're waiting for China and the EU

However, the shippers are still calling for the authorities to step in:

GSF has reported the P3 alliance to the EU Commission 

Shippers put new pressure on the EU about the P3 alliance

Though one customer stands out in the crowd:

Electrolux: Alliances will benefit customers like us

Photo: Carsten Bundgaard
Photo: Carsten Bundgaard

(Photo: Carsten Bundgaard)

The Battle on the Channel

DFDS can likely sigh a breath of relief in the dispute on the English Channel following a preliminary ruling from the British Competition Commission:

British support to DFDS in Channel dispute

Niels Smedegaard: Huge victory for DFDS

The crisis in Russia and the Danish carriers

The crisis between the EU and Russia could impact carriers such as DFDS and Unifeeder:

Danish carriers have billions at stake in Russia

Maersk concerned about Russia - EU relationship

The major shipping investor

ShippingWatch was at the CapitalLink Shipping Forums in New York, where Wilbur Ross talked about the equity funds' foray into the shipping industry and about his own Diamond S Shipping:

Wilbur Ross: Equity funds bring consolidation 

Diamond S: Our MR fleet is IMO 3 classified 

Operating profit at Wilbur Ross' Navigator soars

Further reading:

Haldor Topsoe has great expectations for NOx market 

Media: Dry bulk tycoon facing new bankruptcy 

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