The emergence of four large alliances among the world's largest container shipping lines is creating a two-tier market that could doom smaller carriers to hanging on to niche trades or going out of business.
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.
03 Apr 2014
WASHINGTON – The U.S. Federal Maritime Commission yesterday unanimously voted to allow the G6 Alliance to expand into the Asia-U.S. West Coat and trans-Atlantic routes.
21 Mar 2014
Ocean container lines and the shipowners that lease ships to them are suspending new ship orders for fuel-efficient mega-
10 Mar 2014
Many U.S. East Coast and Gulf ports will struggle to handle the larger container ships the P3 and G6 carrier alliances likely will deploy on trans-Atlantic routes, according to Drewry Maritime Research.
04 Mar 2014
It is possible to think up all kinds of scary scenarios that could play out as container lines form new vessel-sharing alliances or expand existing alliances, but the primary goal of carriers is to deploy the largest ships at their disposal in order to reduce their per-unit costs.
20 Feb 2014
The six members of the G6 – Hapag-Lloyd, NYK Line, OOCL, Hyundai Merchant Marine, APL and Mitsui O.S.K. Lines – today released details on the port rotations...
19 Feb 2014
WASHINGTON — The G6 Alliance could have the go-ahead from U.S. regulators to expand its vessel-sharing agreement into the Asia-U.S. West Coast and trans-Atlantic routes by early April.
03 Feb 2014
The impending launches of the P3 and G6 alliances have contributed to fewer ships being laid up and services withdrawn despite weak demand...
21 Jan 2014
If the P3 Network gets the go-ahead from regulators, it will enjoy a cost advantage over the G6 alliance not only because of the larger average size of its ships...
16 Jan 2014
The trans-Atlantic, the mature granddad container trade lane where nothing much happens, is looking forward to a rare burst of excitement in 2014.