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
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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 the two carriers pool 185 ships on European, transatlantic and transpacific services, which Maersk Line says would save it US$350 million a year.
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