P3 alliance worries shippers

The Global Shippers’ Forum (GSF) has officially raised its concerns over the P3 shipping alliance. GSF says that the proposed link-up between Maersk Line, CMA-CGM and Mediterranean Shipping Company (MSC) could be an industry game changer and shippers are concerned about its market impact and the effect on rates and the quality of services. GSF is submitting detailed questions to the European Commission Competition Directorate in Brussels. The GSF has said that ... [+]

Global shipping lines join forces

Three of the world's major container shipping lines - CMA CGM, Maersk and MSC – are to join forces in a long-term operational alliance on East – West trades from next year. The P3 Network will operate a total vessel capacity of 2.6 million teu (initially 255 vessels on 29 ... [+]

advert 3