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FMC Approves 2M Alliance of Maersk Line and MSC

(Lee Hong Liang – SeaTrade Global)

The U.S. Federal Maritime Commission (FMC) has given the go-ahead for the proposed 2M container carrier alliance between Maersk Line and Mediterranean Shipping Company (MSC).

FMC announced on Thursday that it has authorised Maersk Line and MSC to share vessels and engage in related cooperative operating activities in the trades between the U.S. and Asia, North Europe and the Mediterranean.

For a start, the lines will operate approximately 97 vessels in the trade, with nominal capacities ranging from 4,000 teu to 13,000 teu. FMC said the parties are authorised to operate up to 130 vessels in the trade, each with a capacity of up to 19,200 teu. Read more here.