The chief executive of Danish shipping group Maersk Line said recently that the company misjudged the strength in demand for container shipping, which has proved far more sluggish than it expected when it ordered billions of dollars' worth of new vessels two years ago. The world's biggest container shipper is now counting on the planned P3 cargo-sharing alliance with European rivals CMA CGM and Mediterranean Shipping Co. to cut costs and reduce the number of their ships plying major routes … [Read more...] about Maersk misjudged container-shipping demand
Mediterranean Shipping Co
P3 carriers unveil their schedules
Maersk, Mediterranean Shipping Co and CMA CGM have released service details covering the Asia-Europe, transpacific and transatlantic trades and say they are on schedule to launch operations for the P3 network in the second quarter of next year, assuming there are no regulatory obstacle Maersk’s 18,270 teu Triple-E ships will be deployed in a revised AE1 loop that will call at Bremerhaven, Wilhelmshaven and Rotterdam in northern Europe. The broad outline of the operational alliance … [Read more...] about P3 carriers unveil their schedules
