Transpac shippers struggle to trust carriers now 'learning from their mistakes'
Ocean carriers attending the S&P Global TPM conference in Long Beach this week are owning ...
It appears it might not be plain sailing for one of the new mega east-west vessel-sharing alliances to appease the regulators.
The Ocean Alliance, comprising CMA CGM (including APL), Cosco, Evergreen and OOCL, needs regulatory approval from the Chinese, the EU and the US Federal Maritime Commission (FMC).
It is highly unlikely that Beijing will throw up any obstacles, since it has a vested interest in its newly merged container carriers, and EU approval is basically self-regulating.
However, the FMC in the past insisted on the 2M alliance changing “the language” of its proposal relating to its negotiations with service providers, and it seems that the Ocean Alliance’s application is receiving the same treatment.
WestJet will 'disrupt' Canada with three 737Fs, but rivals aren't scared
West coast ports suffering as US container imports plunge by 37%
Cost-cutting FedEx Express to retire MD-11s for B767s and 777s
First shipper uses new land-air corridor ex-India for Bangladesh exports
The 'mother of all BAFs' looms for shippers as green targets advance
Carriers turn their gaze back to scrubbers as voyage results tumble
Maersk idles more ships while NOOs see a rebound in demand
Billund sees launch of Maersk Air China link – 'a start-up on steroids'
CMA CGM eyes car-carrier market boom as liners are ready to invest
DSV buys in Arizona to boost services and cross-border LatAm trade
Shippers advised to give strike-hit port of Hamburg a miss
The parcel empires strike back as smaller players take stock
Comment on this article