Liners cut long-haul sailings, but 'it won't be enough' to stop rates tumbling
MSC and the Ocean and Premier container shipping alliances are withdrawing some transpacific and Asia-Europe ...
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By Alex Lennane
The Federal Maritime Commission (FMC) has admitted to “questions and concerns” over whether the Maersk and Hapag-Lloyd Gemini Cooperation will have anti-competitive consequences.
Following a statement saying the FMC had reviewed the cooperation agreement, “within the statutory timeframe” and had decided not to seek an injunction against the deal ? the only tool at its disposal ? FMC chairman Daniel Maffei put out another statement.
“The Gemini Cooperation Agreement will take effect today by the operation of law. Nonetheless, I have questions ...
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