Approval of 2M by US regulatory authorities will allow Maersk Line to return to plan for at least the next two years based on the deployment of triple-E ships on order and no more. But a head-on clash with a newly formed competitor may be in the...
The US Federal Maritime Commission (FMC) has given the go-ahead for the proposed 2M container carrier alliance between Maersk Line and Mediterranean Shipping Company (MSC).
CMA CGM, odd man out in the dissolution of P3, has bounced back as the senior partner in the formation of Ocean Three as the fourth major alliance, in another effort to bring stability to the container trades.
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.
US Federal Maritime commissioner William Doyle has approved a request for additional information, setting back the G6 Alliance Agreement back at least a further 45 days.
