Changes on key transpacific trades as alliance services are reshuffled
Notwithstanding the ramifications of the new tariffs in the US this week, container carriers have ...
By Mike Wackett
The US Federal Maritime Commission (FMC) has rejected the merger of the container businesses of K Line, MOL and NYK on “jurisdictional grounds”.
The matter will now be referred to the US Department of Justice (DoJ), which could delay or halt the proposed joint-venture.
In a statement, the FMC said: “The Shipping Act does not provide the FMC with authority to review and approve mergers. After careful consideration, the commission determined that parties to the ‘tripartite agreement’ (filed with the FMC on ...
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