ShippingWatch

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

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.

The alliance provides for an operational collaboration between the three players – the world’s largest container carriers. Consequently, the three carriers will have no other option than to compete on prices, Alphaliner believes.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

One alternative fuel may be particularly dangerous

In a new study – which Maersk, Shell, Euronav and MSC Ship Management, among others, are behind – the new alternative fuels are ranked based on how dangerous they are. The industry has to be careful with one of them, in particular.

Further reading

Related articles

Latest news

See all jobs