Independent journal on economy and transport policy
18:32 GMT+1
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the ITF exhorts to examine with extreme attention the impact on the market of the shipowning alliance P3 Network
Crumlin: "the agreement would be largest of its genre and could introduce an enormous risk concerning anti-competitive practices on a global scale"
December 20, 2013
The International Transport Workers' Federation (ITF) has exhorted the authorities antitrust to examine with extreme attention the impact on the market of the new shipowning alliance P3 Network, constituted to half of this year from the first three shipowning societies of the field of the containerized marine transport of line: the Danish Maersk Line, the Helvetian Mediterranean Shipping Company (MSC) and the French CMA CGM ( on 18 June 2013).
The invitation turned today from the ITF reaches after the summit of this week on the P3 Network between the representatives of the United States, the European Union and the China that is sped up by the Maritime American Federal Commission (FMC) ( on 23 October 2013).
ITF has remembered that the new alliance, destined to put in field altogether 29 marine services initially operated with 255 ships for a hold ability pairs to 2,6 million container teu, would be due to become operating at the beginning of this month, but its effectiveness is sent back as a result of a demand advanced to the parts interested from the FMC in order to obtain more information on the new alliance ( on 6 December 2013).
"If approved of without a careful examination of all its potential repercussions - it has emphasized the president of the section of the harbour job of the ITF, Paddy Crumlin - the agreement would be largest of its genre and could introduce an enormous risk concerning anti-competitive practices on a global scale. The main worry of the ITF is obviously the effect that such agreement could have on the workers, and many of our affiliated unions see the concentration of being able by the companies of the P3 as a meaningful threat for their field if guarantees lack in order to safeguard the occupation and the standards of job".
"Our experience - it has concluded Crumlin - is that whereby economies of scale similar to those proposed here are reached in the field, the benefits through the supply chain arriving to the operators, to the customers or the workers, but they are limited to the business budgets or the dividends of the shareholders. This does not offer some real benefit for the economy".
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