SeanIntel: P3 alliance will leave competition in its wake

The new container alliance between three of the largest shipping companies in the world will leave rivals behind due to economies of scale and route combinations, according to a new analysis from SeaIntel.

Photo: Maersk Line

The new mega alliance (P3) within container freight from the Far East to Northern Europe between Maersk SC, and CMA CGM will lead to economies of scale so massive and so many direct port to port combinations that none of nearest rivals to the alliance will be able to keep up with the three shipping companies.

That is the conclusion of analysis firm SeaIntel in a new mapping out of the route nets of the three companies, the main parts of which has just been published.

Read the whole article

Get 14 days free access.
No credit card required.

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

Exmar to develop CO2 tanker in joint venture

Transporting CO2 will become an important market as the green transition gathers momentum, expects Belgian Exmar, which aims to develop a CO2 tanker in collaboration with Lattice.

Oil service firm loses nearly USD 60 million in three months

Norway's PGS still suffers under the Covid-19-stricken oil market, delivering yet another financial report with enormous red figures on the bottom line. The deficit is smaller than in Q3 2020, however, when PGS lost more than a quarter billion dollars.

IKEA sustainability manager: Green solutions should not cost more

As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.

Further reading

Related articles

Trial banner

Latest news

See all jobs