“Lack of evidence”

China has revealed members of the prospective P3 boxship alliance were still trying to win over its competition watchdog as late as 9 June.

The ministry of commerce said in a statement that it had entered into several sets of talks with Maersk Line, CMA CGM and MSC to solve “competition problems” with the huge alliance, which it blocked on Tuesday.

Several rounds of proposals were made by the shipowners, with the final potential remedies being submitted on 9 June.

The ministry said it still found there was “a lack of appropriate and convincing evidence.”

It ruled the deal could “squeeze the development” of competitors, put cargo owners in a weaker position and force ports to lower fees.

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