Dive Brief: In a joint announcement , A.P. Moller Maersk , CMA CGM , Hapag-Lloyd , MSC and Ocean Network Express (ONE) confirmed previously f orecasted plans to form a global association of ocean shipping lines. The players want to create free, open-source information technology to decrease friction in the industry and increase transparency, according to the announcement. The first step is to write common data standards to increase interoperability between carriers and customers. "Such future common standards could be a lever to enable the use of new technologies and improve the way existing solutions from different stakeholders work," André Simha, CIO of MSC told Supply Chain Dive in an email. Dive Insight: When initial reports of the industry collaboration circulated earlier this month , onlookers had more questions than answers. That is largely still the case since an organization with players this large is likely to move as slow as a container ship in harbor. But Simha offered some detail as to the direction the association is likely to take with a caveat: " the group is still in the planning and preparatory phase." One major area of uncertainty is how regulators will react to this much coordination the carriers, who together represent nearly 60% of container market share. The association itself is a non-profit organization and all ocean carriers will be invited to join once it is officially established, which may be early 2019 barring regulatory hurdles, according to the release.
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