Independent journal on economy and transport policy
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China Shipowers' Association exhorts the Chinese government to strengthen the vigilance on the shipowning alliances
Shouguo: the concentrations could draw indebtedness advantage from their position of dominance
December 2, 2014
China Shipowers' Association (CSA) has exhorted the Chinese government to strengthen the vigilance on the shipowning alliances. Participating last week to Shanghai to the "Shipping Exchange Forum Shanghai 2014", vice-president of the Chinese shipowning association, Zhang Shouguo, have invited the executive to operate themselves, with the organizations and administrations of the marine field, in order to deepen the acquaintance of the market, the structure of the hires and the conditions and requirements of the section of the shipping.
Shouguo has remembered that if to half of this year the shipowning alliance P3 planned from Maersk Line, Mediterranean Shipping Company (MSC) and CMA CGM is rejected by the ministry of the Commerce of Beijing ( on 17 June 2014), more recently Maersk Line and MSC have notified to the Chinese ministry a new project in order to constitute the alliance 2M, a Vessel Sharing Agreement that would not need of the approval of the Chinese ministry ( on 10 July and on 9 October 2014). The vice president of the Chinese shipowning association has emphasized that if on one side the alliances between navigation companies that operate line services can bring advantages deriving from the economies of scale, from the improvement of the efficiency, the sharing of the resources, the cost reduction and the supply of more complete services, from the other such concentrations could draw indebtedness firstly advantage from their position of dominance deteriotating the regular one and corrected development of this section of the shipping bringing damages to the national economy.
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