This week's top stories on ShippingWatch

EU-Commissioner Siim Kallas lends his unconditional support for the much-discussed P3-alliance, the growing concern about German banks' exposure to shipping, and the prospect of a declining oil price represent just a small sample of this week's top stories on ShippingWatch. 
Photo: Colourbox
Photo: Colourbox

While authorities in the United States, EU, and China are scrutinizing the heavily debated P3 collaboration between the three largest carriers in the world, Maersk Line, MSC, and CMA CGM, the EU's Commissioner for Transport Siim Kallas surprised many by lending his full support to P3 in an interview with ShippingWatch, while the shippers' resistance toward the collaboration seems to grow.

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