The 2M alliance between the world’s two largest shipping lines, Maersk and Mediterranean Shipping Company (MSC), was approved by the Federal Maritime Commission (FMC) last week.
Of the FMC’s five commissioners, four voted to approve the alliance immediately whereas one, Richard Lidinksy, voted to have another 45 days to consider the proposal, which he has serious concerns about.
Speaking exclusively to CM, he said that the 2M alliance “bore a striking resemblance” to P3, the alliance that was proposed last year between the 2M partners and CMA CGM, the world’s third biggest shipping line.
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.