China’s rejection of the P3 alliance dealt a blow to the idea of a mega-alliance, but the aftermath has paved the way for a variety of smaller vessel-sharing agreements to enter the market.
09 Jul 2014
West Coast ports can breathe a sigh of relief after the rejection of the P3 Network by China’s Ministry of Commerce — a single operational entity won’t have the huge leverage they feared in negotiations over port calls and terminal charges.
02 Jul 2014
WASHINGTON — U.S. Federal Maritime Commissioners yesterday unanimously voted to allow CKYH partners and Evergreen Line to discuss cooperating in the trans-Pacific and trans-Atlantic trades.
30 Jun 2014
The major North European ports likely will face further congestion in the coming months as carrier alliances continue to have an impact on the reliability of service schedules, according to Drewry Maritime Research.
24 Jun 2014
The worst is over for the Asia-Europe container trade as slow-steaming and scrapping of old vessels begin to address excess capacity, according to a recent report from HSBC’s transport analysts.
19 Jun 2014
The G6 and CKYHE alliances that were to have competed head on with the P3 Network may be feeling an easing of pressure after China’s shock rejection of the vessel-sharing agreement, but both are pushing ahead with the expansion of their networks.
06 Jun 2014
Despite recent improvements, global container lines’ schedule reliability and on-time container delivery have been worse every month so far this year versus last year.
04 Jun 2014
The CKYH partners and Evergreen Line are making moves to allow them to seek a vessel-sharing alliance in the trans-Pacific and trans-Atlantic trade lanes.
29 May 2014
Correction: An earlier version of this story stated that FMC had allowed the CKYHE Allianc
21 Apr 2014
Container ships are running full on the westbound trans-Atlantic as shippers scramble to complete their annual contract negotiations with carriers at a time when the new P3 Network and other expanding alliances have not yet finalized their new service schedules.
08 Apr 2014
European ports will struggle to handle the revamped services due to be launched by the P3 and G6 carrier alliances due to their weak intermodal transport links, according to Drewry Maritime Research.
21 Mar 2014
Ocean container lines and the shipowners that lease ships to them are suspending new ship orders for fuel-efficient mega-