SeaIntel: The P3 alliance resembles a shotgun wedding
CMA CGM's interest in the P3 alliance with Maersk Line and MSC alongside parallel negotiations with a series of other carriers illustrates the current state of the container industry. "It's a shotgun wedding," says SeaIntel.
BY TOMAS KRISTIANSEN
When French CMA CGM, as reported by ShippingWatch yesterday, Monday, negotiated with several parties about various alliances during the spring of last year, this fact merely illustrates the highly strained state that many container carriers have found themselves in for years, says CEO and partner at SeaIntel, Lars Jensen, and his description of the alliance does not give the collaboration between the three major European carriers the best starting point:
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