This week's top stories on ShippingWatch

The biggest story this week was China's stunning rejection of the P3 alliance, while Norden's Carsten Mortensen sets off on a new adventure.
Photo: Torben Strøyer, Polfoto
Photo: Torben Strøyer, Polfoto

Goodbye to the P3 alliance

China rejected the P3 alliance between Maersk Line, CMA CGM and MSC on Tuesday. Many are now asking: What is Plan B?

China rejects P3 alliance

SeaIntel: P3 rejection hurts consolidation

Shippers pleased with P3 collapse

Vincent Clerc, Maersk Line, Photo: Maersk

P3 fought hard to convince the Chinese

Maersk Line turns the clock back one year

Is China trying to protect its own shipping industry?

And goodbye to Mortensen

On the same day Norden's soon-to-be former CEO Carsten Mortensen announced that he will switch to BW Group:

Norden head switches to new CEO job

The three requirements for Norden's next CEO

Carsten Mortensen set to fight Big John

Photo: Norden

What is going on with product tanker?

ShippingWatch spoke to several industry players and analysts in the product tanker segment this week. Read their views on the market here:

Concordia Maritime: Major threats to product tanker 

UACC driven by exports from Arabian refineries 

McQuilling casts doubts on product tanker rebound

Further reading:

Breakwater Shipping expands in Copenhagen

Celsius Shipping bets on gas, tanker and chemical tanker

Photo: Breakwater Shipping
Photo: Breakwater Shipping

Photo: Celsius Shipping

Hafnia Tankers in 1st quarter profit of USD 1.75 million

Skuld: Wreck salvaging often much more costly than assumed 

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Further reading