Tuesday, November 12, 2024
Hawai'i Free Press

Current Articles | Archives

Wednesday, January 8, 2014
Worldwide Shipping Monopoly? Hawaii, Alaska, Territories Concerned by P3
By News Release @ 3:30 PM :: 4640 Views :: Jones Act

The Honorable Mario Cordero

Chairman, Federal Maritime Commission

Dear Chairman Cordero:      December 4, 2013

We are writing in reference to the announcement by three of the largest shipping companies in the world- Maersk Line, MSC, and CMA-CGM- regarding the creation of a new vessel sharing agreement, the P3 Alliance. We understand these companies notified the Commission of their intent to provide shipping services to the United States via this vessel sharing agreement on October 24, 2013, and that the statutory limit in which the Commission must decide on a course of action (including taking no action) end on Friday, December 6, 2013.

It is our understanding that under this agreement, the P3 Alliance will operate 29 loops and deploy a fleet of 225 container vessels with a nominal capacity of approximately 2.6 million twenty-foot equivalent units (TEU). Given its current makeup, the Alliance will control fifty-eight percent of vessels with greater than 10,000 TEU capacity, and eighty percent of vessels over 16,000 TEU.

At this time, we neither support nor oppose the concept of the P3 Alliance. Yet, the State of Hawaii and the Pacific territories rely more heavily on ocean shipping for food, medicine, fuel, and other life-sustaining goods than perhaps any other region of these United States. We are hopeful that the Commission will have the opportunity to research and review the proposed Alliance specifically pertaining to: (i) choice, the frequency of services, and number of stops for shippers, (ii) the financial viability of independent ("common user") terminals; (iii) the terminals and prices available to competing shipping lines; and (iv) the long-term ramifications on competition for new terminal concessions.

The creation of the P3 Alliance marks a significant change in the structure of the container shipping market, and is likely to seriously impact shippers, terminal operators, and port authorities. We are hopeful that, in consideration of the sheer size and scope of market share represented by the P3 Alliance, the Commission will take the time necessary to fully explore, at the very least, the issue areas outlined above.

Sincerely,

  • Sen Mazie Hirono HI
  • Rep Don Young AK
  • Rep Madeline Bordallo GU
  • Rep Donna Christensen USVI
  • Rep Gregorio Sablan NMI
  • Rep Eni Faleomavaega AS

LINK: PDF

Background:

NOTE: Report: Am Samoa Governor Prepares to Replace Faleomavaega

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

MentalIllnessPolicy.org

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii

Obookiah

OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

RailRipoff.com

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

SenatorFong.com

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii