Ocean Network Express gains final regulatory approval
The three members of the Ocean Network Express have announced that their joint venture has now gained all the regulatory approvals that it needs.
The final authority to approve the joint venture between the three Asian carriers was the South African Competition Commission which has just granted approval with conditions requiring measures regarding competition law compliance.
The Commission had originally rejected the merger for fear it would strengthen market coordination for liner shipping, car transportation and bulk shipping.
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.
Related Posts
Other News
Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.
