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Business

Maersk secures 2M alliance approval in the US

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October 9th, 2014


This article is more than 10 years old.

But China can once again scupper the deal

The Danish shipping giant Maersk received a boost this week after the US Federal Maritime Commission approved the 2M shipping alliance with Swiss shipping company Mediterranean Shipping Company (MSC).

The 2M alliance, which involves the world’s two largest container-shipping companies in terms of capacity, will consist of 185 container ships moving across 21 ocean trade routes carrying about one third of the entire world’s cargo.

Maersk will still require China and the EU to approve the deal, and will be holding its breath, particularly in China after the Chinese Ministry of Commerce (MOFCOM) failed to approve the now shelved P3 alliance early this year.

READ MORE: Maersk pulls out of P3 network after China rejection

Chinese fears could lead to Maersk tears
Maersk expects that the deal – which is scheduled to come into effect at the end of the year – will save the company about two billion kroner annually.

The China Shippers’ Association (CSA) – which represent the owners, operators and managers of Chinese merchant ships and which applauded the Chinese government for blocking the P3 agreement – has voiced concern over the 2M agreement as well.

"You cannot ignore that Maersk and MSC each already hold a large share of the market, so we think that for China it's not a suitable arrangement," a CSA spokeswoman told Reuters.


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”