Multi-Trade Vessel-Sharing Agreement (VSA) between MSC and Maersk Line in 2015

Maersk Line and MSC Mediterranean Shipping Company S.A. (MSC) have signed a long-term vessel sharing agreement (VSA) on the Asia-Europe, Transatlantic and Transpacific trades.
The 2M VSA differs from the earlier proposed P3 alliance in two important ways: first of all, the combined market share is much smaller.
Secondly the cooperation is a pure VSA. There will be no jointly owned independent entity with executive powers
The VSA is expected to start early 2015. The starting date is conditioned by filing of information to and in some cases approvals by relevant authorities.

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