P3 became 2M
...when Maersk Line and MSC decided to go forward with a Plan B after the collapse of the P3.
2M partners represent top and bottom on reliability
Maersk Line: 2M could start in China tomorrow
Electrolux: 2M is also good for us
The US awaits reporting from Maersk and MSC
Drewry: New mega-alliances in spite of China
Alphaliner: New 2M competitor would have 20 percent on Asia-Europe
Shippers to study 2M agreement
Maersk Executive: Why MSC is the best partner for us
But the competitors quickly fired back:
SeaIntel: Agreement is bad news for CMA CGM
UASC: Alliance with CMA CGM might be on the table
Qatar takes control of rapidly growing container carrier
The Panama Canal's worst nightmare
The Panama Canal's competitor, the large-scale Nicaragua Canal project, was approved:
Plan for the Nicaragua Canal will be presented today
Plan for the Nicaragua Canal approved
Photo: Esteban Felix
The environment enters the field
The Trident Alliance was 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
Scandlines gets green millions from the EU
DFDS gets USD 8.6 million from the EU for scrubbers
Skuld criticized the insurance industry
ShippingWatch visited Skuld, which criticized the industry while also appointing a new CEO.
“The CEO position came a bit earlier than expected”
Skuld: There should be fewer P&I clubs
Skuld aiming for USD 1 billion revenue by 2020
This far but no further...
APM Terminals divested its assets in the Port of Virginia:
APM Terminals divests Virginia
APM Terminals: We believe in the US
Sanctions against Russia
And finally, the third round of round of sanctions were issued against Russia. This time the effect will be noticeable, according to several Danish and Russian experts ShippinWatch has spoken to.s
Russian shipyard giant hit by sanctions
New Russian sanctions could hit carriers and ports
Morgan Stanley: Ukraine crisis hits Global Ports
GRM: New sanctions against Russia will not affect oil prices
Russian companies hit by Western sanctions
Further reading...
- about the future of Lauritzen Bulkers:
Smooth strategy change at Lauritzen Bulkers
- about DNV's losses in relation to the merger with GL:
DNV GL losing tonnage following merger
- about Danske Bank's result and its reduced shipping portfolio:
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