This week's top stories on ShippingWatch
The much-anticipated P3 alliance received good news from the EU Commission, the dry bulk market continues to trouble the carriers, while Maersk Line and DHI talked about expectations for the planned Nicaragua Canal.
BY KATRINE GRØNVALD RAUN
Final P3 approval getting closer
This week the alliance between Maersk Line, MSC, and CMA CGM was cleared by the EU Commission and can likely expect an approval from China this month:
Wall Street Journal: China to approve P3 in June
Drewry: P3 ports in Europe something of a puzzle
Dry bulk to be saved by mines?
The dry bulk market continues to trouble the carriers, but good news could be on the way:
Bimco: Greek shipowners mad about bulk
A quarter billion tons of iron ore into the bulk market
The Nicaragua river of gold
If the planned canal through Nicaragua becomes a reality, many companies are eager to get a piece of the action:
Maersk Line supports the Nicaragua Canal
Industry working to get a slice of the Nicaragua Canal
Further reading:
Novenco: Offshore market is a threat
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