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2 shipping alliances involving Maersk, NYK get nod

Published Wed, Jun 4, 2014 · 10:00 PM
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[BRUSSELS] European Union antitrust regulators have approved an alliance planned by world No 1 container shipping company AP Moller-Maersk and another that includes Japan's largest shipping firm Nippon Yusen Kaisha (NYK) aimed at tackling excess capacity.

Maersk unveiled the proposed tie-up with Switzerland-based MSC Mediterranean Shipping Company a…

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