You are here

US regulator approves Maersk's vessel sharing pact with MSC

2M alliance, in which the two pool 185 ships and will save Maersk US$350m, still faces resistance in China

BT_20141010_MAERSK10_1312189.jpg
Maersk-MSC pact will create the biggest player, with 35% of Asia-Europe route, 31% of transatlantic and 22% of transpacific.

Shanghai

MAERSK Line and Mediterranean Shipping Co (MSC), the world's two largest container shippers, won approval from US maritime regulators for a planned vessel sharing pact, bringing it a step closer after a bid for a larger alliance failed.

The so-called 2M alliance would see

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom