The P3 alliance binds the partners for ten years
The agreements behind the three major container alliances are both similar and different. The P3 alliance with Maersk Line seems to be the most cohesive. The agreement has a preset running time of ten years, according to SeaIntel.
BY TOMAS KRISTIANSEN
The three parties behind the comprehensive P3 alliance - Maersk Line, MSC, and CMA CGM - will be de facto bound to each other for ten years, says SeaIntel in a review of the agreements that form the basis of the future major alliances in the container industry: P3, G6 and CKYHE.
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