The P3 Network announced today between Maersk Line, Mediterranean Shipping Co. and CMA CGM will have little or no impact on the glut of vessel capacity that has been depressing global freight rates, but will enable the world’s three largest container lines to substantially cut their operating costs on the Asia-Europe, trans-Pacific and trans-Atlantic trades.
Mediterranean Shipping Co.
18 Jun 2013
CMA CGM, Maersk Line and Mediterranean Shipping Co. have agreed to establish a long-term operational alliance on East–West trades.
16 Jun 2013
Mediterranean Shipping Co. has plans to change its East Africa service rotation.
11 Jun 2013
Mediterranean Shipping Co. is providing a new weekly direct container service between Houston and Brazil.
10 Jun 2013
Ocean carrier efforts to shed surplus 8,000 20-foot-equivalent unit ships by dumping them in the Asia-east coast South Am
10 Jun 2013
Mediterranean Shipping Co. has scheduled a rate increase for July 1 for all dry cargo on its trade from North Europe, including the U.K., to the Far East, including Japan.
07 Jun 2013
Global ocean carriers handled more than 4.2 million 20-foot-equivalent units of U.S. containerized imports in the first quarter, and the separation between the Top 2 carriers in the trade came down to two fully laden mega-ships.
04 Jun 2013
The Port of Mundra received a call June 4 from the MSC Valeria, the largest container ship ever to call on an Indian port.
04 Jun 2013
Maersk Line, Mediterranean Shipping Co.
31 May 2013
Mediterranean Shipping Co. has announced several rate increases for cargo from Asia.
29 May 2013
Mediterranean Shipping Co. and Global Infrastructure Partners and a group of its co-investors have closed the transaction permitting GIP to acquire 35 percent of Terminal Investment from MSC.
23 May 2013
J. Christopher Lytle, executive director of the Port of Long Beach, will leave in mid-July to take the same post at the Port of Oakland.
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Jun 5, 2013 2:00PM EDT