Drewry: New mega-alliances in spite of China

There are no alternatives to new alliances and partnerships in the container industry, even though China pulled the plug on the planned P3 alliance.

Even though the Chinse authorities derailed the planned P3 alliance between the three largest container carriers in the world, Maersk Line, MSC and CMA CGM, the near future will still bring new partnerships and collaborations. The P3 replacement between Maersk Line and MSC in the 2M alliance is just the latest example of the formation of mega-alliances, says analyst agency Drewry:

"New partnerships are required as no one has yet come up with a better alternative to reduce costs and improve service frequency."

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