Independent journal on economy and transport policy
13:17 GMT+1
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the Federal Maritime Commission authorizes the constitution of the shipowning alliance P3 Network
Maersk, MSC and CMA CGM will be obliged to supply information to the American authority periodically
March 21, 2014
In advance regarding the Maritime waits the Federal Commission (FMC), the federal agency American person in charge of regulating the market of international the marine transport of the United States, has communicated the outcome of the investigation on the agreement of Vessel Sharing Agreement subordinate from the shipowning societies Maersk Line, Mediterranean Shipping Company (MSC) and CMA GCM, examination that is exceeded almost with full marks.
The American governmental organism in fact has authorized the parts to share ships and to establish operating activities in collaboration in the marine traffics between the United States and Asia, the Europe North and the Mediterranean and has agreed to the constitution of the P3 alliance Network proposed from the three marine carriers, that they are leader of the world-wide market of the containerized marine transport of line ( on 18 June 2013), alliance that - it has confirmed the FMC - will be able to become operating from next monday.
The green light to the constitution of the P3 Network is voted by commissioners Mario Cordero, president of the FMC, Rebecca Dye, Michael Khour, and William Doyle, while commissioner Richard Lidinsky has expressed contrary ballot.
The Federal Maritime Commission considers that the P3 Network Vessel Sharing Agreement - than initially will put in field about 130 portacontainer of the ability to 4.000-12.250 teu and is authorized to succeed in to employ a fleet of 180 ships, each of ability until 19.200 teu - in all probability in this phase of the market will not determine a reduction of the competition, will not produce to an excessive increase of the hires or a reduction of the transport services. The FMC has found that circumstances will be able to sussistere in future that could afford to the parts of the P3 agreement to reduce the services or to increase the hires immotivatamente and, in order to answer to these worries, have established that Maersk, MSC and CMA CGM are obliged to supply information to the Commission periodically so that can constantly examine the activity of the shipowning agreement.
"The action of the Commission with reference to the P3 agreement - the president of the FMC, Mario Cordero has explained - holds account of a complete competitor analysis carried out from the staff of the FMC and on the base of the comments received by shippers and others you leave interested. If on one side one previews that the agreement will be able to produce operating efficiencies for the benefit of the consumers of the United States, from the other with new the reporting requirement studied purposely for this single agreement the authority it will make sure of having timely and relevant information in order to act quickly in case of necessity".
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