Billionaire Kuehne Applauds China ‘Wisdom’ in P3 Alliance Veto
China’s veto of a three-way alliance between the world’s biggest shipping lines is good for the logistics industry as it preserves competition among
China’s veto of a three-way alliance between the world’s biggest shipping lines is good for the logistics industry as it preserves competition among
In the view of transport consultant Drewry, the Chinese regulators’ veto of the P3 Network last week is likely to hamper the much-needed stabilisation of the
China rejected a global shipping alliance to protect companies navigating a choppy market. The decision will probably hurt cargo firms’ earnings, including
A.P. Moeller-Maersk A/S said it is working on alternative plans to cut costs and address overcapacity in the freighter market after Chinese regulators
China's scuppering of a planned alliance of the world's top three container shipping lines signals its protectionist stance on key industries and is a reminder
China blocked the formation of a global alliance by the world’s three biggest shipping lines in a surprise move that ignored Western approval of the plan and
Following today’s decision by the Chinese Ministry of Commerce (MOFCOM) to not approve the P3 Network, a proposed vessel sharing alliance between the
European Union antitrust regulators have approved an alliance planned by world No. 1 container shipping company AP Moller-Maersk and another that includes
By Foo Yun Chee (Reuters) – The world’s two biggest container shipping companies, AP Moller-Maersk and Mediterranean Shipping Company, are seeking
By Ole Mikkelsen and Keith Wallis SINGAPORE, March 21 (Reuters) – Denmark’s Maersk Line, the world’s No.1 container shipping firm, said it
By Mike Wackett The G6 Alliance’s plan to expand its scope on transpacific and transatlantic trade lanes is scheduled to be approved on January 16,
By Gavin van Marle in Dubai Ports in the Gulf region need to prepare for much larger vessel sizes as a result of the cascading effect taking place as
The members of the G6– a merger of the New World and Grand Alliances – have announced plans to go head-to-head with the P3 network by expanding
KUALA LUMPUR, Oct 23 (Reuters) – Shares in Westports Holdings Bhd, Malaysia’s busiest port operator, fell towards to their IPO price of 2.50
By Gavin van Marle, Apparently wary of igniting the wrath of skeptical shippers or prodding the regulatory bodies, the prospective partners in the P3 alliance
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