The P3 alliance between Maersk Line, Mediterranean Shipping Company and CMA CGM will have a significant impact on ports worldwide, but who will win and who will lose? PortEconomics co-director Peter de Langen discusses the move that might change maritime transport systems around the globe, and its implication for ports and terminals, in his Analyst viewpoint column published in the magazine PortStrategy.
Peter analyses why “while at first sight P3 seems to have a clearly defined scope for an operational partnership with the joint management of 255 ships on three trades, the major potential benefits of the P3 partnership seem hard to realise without addressing strategic and commercial issues”, and wents further to conclude that “[I]t would be a major achievement if the partners achieve this in the short period that remains if they are to be operational early next year”.
Read the Analysts’ viewpoint on P3 alliance @ PortStrategy: “P3: more ports, less terminals?“
