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Maersk Line and CMA CGM leave competition in their wake

While financial losses are accumulating among a majority of the global container carriers, Maersk Line and CMA CGM are distancing themselves further from the rest of the industry.

Photo: SØLBECK CHRIST

Maersk Line and CMA CGM, partners in the announced P3 alliance together with MSC, seems to be leaving an increasing number of competitors in their wake, measured by the two carriers' financial results for 2013 and the economies of scale secured through bigger ships.

Even though the combined average scenario among the 19 major container carriers' operating results in 2013 is positive, by USD 247 million - for the first time since 2010 - Alphaliner points out that this development is only caused by strong results from Maersk Line and CMA CGM, with operating profits of USD 1.5 billion and USD 756 million, respectively.

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