The Dec. 17 summit will address global regulatory issues relating to carrier alliances, vessels sharing agreements and the impact of operation agreements on international trade, the FMC said. The P3 plan would consolidate the east-west strings of Maersk Line, Mediterranean Shipping Co. and CMA CGM into a single alliance encompassing 255 vessels. The alliance would represent roughly 42 percent of Asia-Europe capacity, 24 percent of trans-Pacific capacity and 40 to 42 percent on the trans-Atlantic, according to the FMC.
“We welcome the exchange of views with our regulatory counterparts. The shipping industry is dynamic as evidenced by the changing nature of agreements. The effects of these trends will have global implications that demand an international understanding of our changing industry,” FMC Chairman Mario Cordero said in a statement.
