After weeks of speculation over the possible structure of the P3 alliance’s joint mainline network, the Mediterranean Shipping Company has taken the lead and unveiled the carrier group’s proposed east-west core services. Subject to regulatory approval, the new joint network is to be implemented in the first quarter of 2014.
The P3 alliance will see the word’s three largest shipping lines, Maersk, MSC and CMA CGM, forge a close-cooperation on all major east-west trade lanes. While the carriers will continue to compete with each other over cargo and while they will independently price and market their services, they will enter into a close cooperation as far as schedules and capacity sharing are concerned.
A joint vessel coordination centre is to be established at London, from where the new joint services are to be managed.
The P3 alliance’s loop network will look as follows (using MSC service names):
Far East to Northern Europe – 8 weekly services
Far East to Med and Black Sea – 5 weekly services
- Great Sea
Far East to US West Coast – 5 weekly services
- New Orient
Far East to US East Coast – 4 weekly services
Northern Europe to North America – 3 weekly services
- US-North Atlantic
- US-Mexico South Atlantic
- US Gulf
Med to North America – 2 weekly services