US marine chief pledges to tackle congestion

US Federal Maritime Commission chairman Mario Cordero says that his number one priority for 2015 would be to tackle the congestion that is plaguing the nation’s ports. It follows a series of public forums on port congestion and international supply chain efficiency issues and the focus is also in keeping with the Commission’s 2014-2018 Strategic Plan. [+]

US gives green light to 2M

The Federal Maritime Commission (FMC) has given the green light to the proposed '2M' vessel sharing agreement between Maersk and MSC. However, the agreement of the Chinese competition authorities is still awaited. It was their veto that scuppred the more ambitious P3 alliance between Maersk, MSC and CMA CGM earlier ... [+]

FMC clears G6 extension

The Federal Maritime Commission has cleared the G6 lines' proposed extension of their operating alliance to include the US/North Europe and Far East/US West Coast trades. The Commission said that the G6 (APL, Hapag Lloyd, Hyundiai, MOL, NYK and OOCL) extension was unlikely to reduce competition or lead to increased ... [+]

Updated US OKs P3 agreement – but with safeguards

The Federal Maritime Commission (FMC) has approved the proposed P3 vessel sharing agreement between Maersk, CMA CGM and MSC. It said that the agreement was not likely at this time to lead to reduction in competition or produce an unreasonable increase in transportation cost or reduction in service. It would, in ... [+]

UPDATED: FMC delays P3 plan

The US Federal Maritime Commission asked for additional information about the proposed P3 shipping alliance on 5 December. It said the move would delay introduction of the proposed agreement – should mit ultimately be approved because a new 45-day regulatory review period will begin. It followed a request by the Global ... [+]

US regulator calls for P3 to be put under the microscope

The Federal Maritime Commission , which regulates ocean transport in the US has joined other industry groups in calling for a careful scrutiny the proposed 'P3' alliance between Maersk Line, MSC and CMA CGM. FMC chairman, Mario Cordero, has called other regulators in the European Union and China, to join ... [+]

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