Carriers Square Up In Genoa

摘要

A group of seven major ocean carriers have strongly objected to a 40% share swap recently agreed between Genoa's two largest container terminal owners. COSCON, CMA CGM, Evergreen, K Line, MSC, Zim Line and Maersk Line believe that the agreement signed by Sinport, the PSA subsidiary behind Voltri Container Terminal, and GIP, the owner of Sech Container Terminal, is likely to interfere with normal free market competition, so should be immediately withdrawn. The first six lines addressed their jointly written complaint to Genoa's Port Authority and several other Governmental bodies, while Maersk Line's letter was addressed only to the former.