Closer Port Ties May Cause Regulatory Bind — Panjiva
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Closer Port Ties May Cause Regulatory Bind

Corp - Ports 909 Corp - Shipping 1026 Finance 118 Mergers 220 Mode - Containerized 1524 Mode - Seaborne 1845 Netherlands 35 South Korea 605 U.S. 5399

CMA-CGM and COSCO Shipping Ports have agreed to work more closely together on port operations and investments. It isn’t yet clear whether this includes all CMA-CGM’s port operations, but it does refer to preferences for ports where the Ocean Alliance operates. This may raise regulatory concerns – the U.S. Department of Justice flagged the impact of alliances on the market for port services last year – particularly in light of the merger of Japan’s shippers. CMA-CGM and COSCO have already increased their share of into-U.S. shipping for the two ports, Rotterdam and Busan, where they have j...

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