This week's top stories on ShippingWatch

Plan B presented
On Thursday Maersk Line and MSC announced what is seen as Plan B for the collapsed P3 alliance: 2M:
Maersk and MSC in new major deal following death of P3
Analysts: New agreement is Maersk's best shot
SeaIntel: Agreement is bad news for CMA CGM
Maersk Executive: Why MSC is the best partner for us
Shippers to study 2M agreement
Drewry: 2M not a disaster for competitors
Struggling in Brazil
Maersk Oil had to perform a huge impairment in the same week, as the company abandons hopes of Brazilian growth:
Maersk Oil performs massive Brazilian impairment
Smedegaard: Giving up hopes of Brazilian oil success
The Panama Canal's nightmare
The competitor to the Panama Canal, the large-scale Nicaragua Canal project, has now been approved:
Plan for the Nicaragua Canal will be presented today
Plan for the Nicaragua Canal approved

Photo: Esteban Felix
Environment enters the field
The Trident Alliance has now been officially established with numerous Scandinavian members, while Scandlines and DFDS both received good news from the EU:
Sulphur alliance between leading carriers now a reality
DFDS gets USD 8.6 million from the EU for scrubbers
Scandlines gets green millions from the EU
Further reading
Niras looking to make billions on wind turbine scrapping
What sets apart the world's three gas giants