In December, Jim Newsome, president and chief executive officer of the South Carolina State Ports Authority, suggested ports may respond to the planned P3 Network of Maersk, Mediterranean Shipping Co. and CMA CGM by filing agreements with the U.S. Federal Maritime Commission to work more closely together.
Ports that are in close proximity may file cooperation agreements with the FMC to create “a reasonable countervailing power,” he said. “The idea is that there are going to be bigger ships, maybe fewer ships, and a lot of pressure on and competition between ports, so the ports may want to respond to that in a little bit more proactive way.”