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Shippers raise concerns over P3 alliance

P3 seen as changing structure and competitive state of the global container shipping market

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The shippers believe, rightly, that consolidation of services will tend to restrict capacity and that will consequently put upward pressure on freight rates - PHOTO : AFP

CONTAINER shipping is back in the spotlight. Last week the Global Shippers' Forum (GSF) officially raised its concerns over the proposed P3 Global Alliance among Maersk Line, CMA-CGM and Mediterranean Shipping Company (MSC) by submitting detailed questions to the European Commission Competition

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