P3 Network

P3 Network

Maersk Line, Mediterranean Shipping Co. and CMA CGM in 2013 announced plans to form a long-term alliance on the major east-west trades. That proposed alliance has now been scrapped, as China rejected the carriers’ application.


The P3 Network alliance would have operated a fleet of 255 ships with a total capacity of 2.6 million 20-foot-equivalent units on 28 service loops on Asia-Europe, trans-Pacific and trans-Atlantic routes.


The world’s three largest ocean carriers originally planned to launch the network in July 2014, subject to regulatory approval, but later postponed the planned launch until the fall.

28 Aug 2014
Maersk Line and Mediterranean Shipping Co. could eventually operate ships of up to 19,200-TEUs on east-west trades that touch the U.S., within their planned “2M” vessel-sharing agreement, according to a filing with the U.S. Federal Maritime Commission.
First Half in Review
01 Aug 2014
The first half of 2014 saw the start of several stories that JOC.com will most likely be covering for the next year and perhaps beyond.
MSC container ship
21 Jul 2014
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.
CMA CGM Corte Real at the Port of Long Beach
14 Jul 2014
United Arab Shipping Co. and China Shipping Container Line are the “most obvious” partners for CMA CGM after the French ocean carrier was excluded from the recently unveiled 2M alliance between Maersk Line and Mediterranean Shipping Co., according to Drewry Maritime Research.
12 Jul 2014
Shipper groups began to react cautiously to the planned 10-year vessel-sharing agreement proposed by Maersk Line and Mediterranean Shipping Co. on east-west trades, dubbed “2M.”
10 Jul 2014
With the body of the failed P3 Network still warm, the world's top two carriers have announced a new global agreement without CMA CGM.
P3 broken links
09 Jul 2014
It ended so fast. With one statement, the countless hours and money spent over the last year to prepare for one of the biggest — if not the biggest — game-changers in global container shipping went up in smoke.
CMA CGM Corte Real
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.