Independent journal on economy and transport policy
12:40 GMT+1
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the EU commission authorizes Maersk Line, MSC and CMA CGM to start the operating activity of the P3 Network
Green light also to the G6 Alliance of companies APL, Hapag-Lloyd, HMM, MOL, NYK and OOCL
June 4, 2014
After the approval of the American Federal Maritime Commission, obtained last March ( on 21 March 2014), today the new shipowning alliance P3 Network constituted from the first three world-wide companies of the field of the marine transport of line - the Danish Maersk Line, the Helvetian Mediterranean Shipping Company (MSC) and the French CMA CGM - has obtained the green light also from the EU commission. Brussels in fact has informed the three partner who does not intend to start procedures regarding the P3 and has specified that the EU commission will continue however to monitor the market and to for competition sift any risk deriving from the operating start of the P3 Network so as of the shipowning alliance G6 that is constituted by companies APL, Hapag-Lloyd, Hyundai Merchant Marine (HMM), Mitsui O.S.K. Lines (MOL), Nippon Yusen Kaisha (NYK) and Orient Overseas Container Linens (OOCL) and that she has obtained also the green light of Brussels.
The P3 alliance, of operating and not commercial character, is based on a vessel sharing agreement in the long term relative to the traffics East-West on the Asia-Europe routes, transpacifiche and ocean-going liners that will allow with the three companies of navigation to put in field a fleet of portacontenitori of the total cargo ability pairs to 2,6 million container teu ( on 18 June 2013).
Maersk Line, MSC and CMA CGM, that they preview to establish in business as the alliance the next autumn, have expressed satisfaction for the decision of the EU commission and have confirmed that they will continue to cooperate for competition closely with the authorities and for the marine traffic, between which those of China and South Korea that they must still authorize the operating start of the P3, to the aim to specify the nature of the new alliance. We remember that the South Korean Fair Trade Commission has asked the authority Chinese antitrust to collaborate to the examination of the P3 Network ( on 24 March 2014).
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