THE US FEDERAL MARITIME COMMISSION (FMC) HAS SIGNED UP TO THE MASKY/HERBROT SHIP SHARING ALLIANCE, WHICH WILL LAUNCH EARLY NEXT YEAR, BUT THE AGENCY'S HEAD WARNED SHIPPING CARRIERS THAT THE THE WAY THEY TREAT US SHIPPERS WILL BE SUBJECT TO SCRUTINY.
FMC Montag said it would not seek to block Gemini,NEW SHIP-SHARING AGREEMENT REACHED BY MAERSK AND HERBROT (HAPAG) ON TRADE BETWEEN THE US, ASIA, EUROPE AND THE MIDDLE EAST, FMC, Gemini 2025.
Concerned about the anticompetitive effect of the second and fifth largest maritime carriers through the sharing of ship labor, The FMC asked the two companies in July to provide more details about how Gemini will operate and say that while no anti-competitive issues were found, Gemini “will be subject to extensive monitoring committee.”
However, FMC Chairman Daniel Maffei went further in another statement on Monday that despite the agency's decision, he still has doubts and concerns about Gemini's potential impact on shippers. While the formal review period for Gemini has ended, he reiterated the agency's call for continued oversight of the new alliance.
Je a a Gemini [US] [US] [US], together with my colleagues, instructed FMC staff to immediately and continuously monitor the Gemini Cooperation Agreement to ensure that the agreement does not affect US imports illegally Merchants, exporters, covered service providers, and consumers. Maffei said.
