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.

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.
23 Jun 2014
The final chapter on the P3 Network, the proposed mega-alliance among the world’s three largest ocean carriers that Chinese regulators rejected last week, may not have been written, a former container shipping executive says.
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.
19 Jun 2014
A translation of the announcement by China’s Ministry of Commerce (MOFCOM) rejecting the P3 Network.
Richard Lidinsky
19 Jun 2014
WASHINGTON — The only U.S. Federal Maritime Commissioner to cast a vote against the P3 Network said Chinese authorities might have done the agency “a favor by forcing us to look at our regulatory standards within this new world” of massive vessel-sharing agreements.
18 Jun 2014
“The world changed in the last 24 hours with the collapse of the planned P3 Network,” Ron Widdows told the Marine Money Week conference in New York today.
18 Jun 2014
China Shippers’ Association today said it welcomes the “very correct and wise” decision by China’s Ministry of Commerce to ban the formation of the P3 Network comprising the world’s three largest container lines.
18 Jun 2014
Asian ports are still digesting the ramifications of China’s unexpected decision yesterday to reject the P3 Network application.
18 Jun 2014
From initial announcement to abandonment, the P3 Network's career was crowded into just 12 months. Our slideshow reviews the major developments in the story over the past year.
17 Jun 2014
In a statement published on its website rejecting the proposed P3 Network, the Chinese Ministry of Commerce said the proposed alliance would be anticompetitive and not supportive of the “social public interest.”
17 Jun 2014
U.S. shippers and port officials are still digesting the news of China’s rejection of the P3 alliance of the three largest container ship lines, and are wondering what happens next.
17 Jun 2014
The decision today by the world’s three biggest container lines to scrap plans to implement the P3 Network this fall is likely to boost container traffic through the Panama Canal.