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Open letter targets agreement between state-owned Chinese shipping companies

( June 24, 2014, 06:59 GMT | Insight) -- MLex Summary: An unidentified open letter has targeted the agreement signed by Shanghai PanAsia Shipping, Shanghai Puhai Shipping, and Sinotrans Container Lines on the cooperation on China-Japan shipping routes, dubbed the “C3” alliance, 21st C...MLex Summary: An unidentified open letter has targeted the agreement signed by Shanghai PanAsia Shipping, Shanghai Puhai Shipping, and Sinotrans Container Lines on the cooperation on China-Japan shipping routes, dubbed the “C3” alliance, 21st Century Business Herald reports. The three companies are subsidiary to China’s top three state-owned container-shipping companies. The letter requested Shanghai Shipping Exchange to investigate the alleged monopolies caused by the alliance....

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