Alphaliner: P3 could trigger price wars

The P3 alliance between Maersk Line, CMA CGM, and MSC could end up triggering price wars and aggressive retaliations from rivals, according to Alphaliner.
Photo: APM Terminals
Photo: APM Terminals
BY RITZAU FINANS

There could be great risks associated with the new P3 alliance between Maersk Line, CMA CGM, and MSC, if it is approved. The alliance could end up triggering price wars and lead to volatile rates. That is the assessment of analysis firm Alphaliner, according to Lloyd’s List.

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