overcapacity

Looking Back at the Most Recent Quarter in Shipping

Recently, Drewry Maritime Research, a leading research firm watched closely by carriers and freight forwarders, released their report from the 2nd quarter of 2014.

P3 Network Alliance is Over

For almost a year now, the ocean freight shipping industry was abuzz about the proposed P3 Network Alliance between Moeller-Maersk, MSC and CMA CGM. The objective of the P3 Network was to combine their resources to reduce expenses for certain shipping routes.

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