The Chinese government and the influential China Shipowners’ Association (CSA) have expressed concerns over the recently proposed 2M container shipping alliance between Maersk Line and Mediterranean Shipping Co (MSC).
Having been left out in the cold by Maersk Line and Mediterranean Shipping Co (MSC) the best option for CMA CGM could be an alliance with United Arab Shipping Co (UASC) and China Shipping Container Lines (CSCL), believes analyst Alphaliner.
The European Shippers Council (ESC) has expressed its concerns at the size of the proposed 2M vessel sharing agreement (VSA), suggesting that regulatory authorities impose similar conditions that were proposed for the P3 alliance.
The formation of the 2M agreement between MSC and Maersk answers some of the speculation since the collapse of the P3 alliance last month, but a fresh batch of questions have been created by the recent announcement.
Following the failure of the P3 alliance Maersk Line has announced a 10-year vessel sharing agreement with Mediterranean Shipping Co (MSC) on the Asia – Europe, transatlantic and transpacific trades.
The International Maritime Organisation's (IMO) Maritime Safety Committee (MSC) will meet in London for the 93rd time from 14 to 23 May to discuss key global legislation from keeping member states in check to responsible Arctic shipping.