It looks like the practices of ocean carriers during the pandemic and the resulting record-high freight rates have caught the attention of American and Chinese maritime regulatory [...]
Last month, Maersk said it expects carrier competition to shrink to only three global companies. It’s possible that Maersk is wrong, but it’s hard not to take the words and [...]
CMA CGM Launches New Fee CMA CGM just made a move that we could see ripple through the international shipping industry. The carrier will charge a fee to shippers who are “no-shows” [...]
As of Monday, the OCEAN Alliance has been cleared for business–at least as far as the Federal Maritime Commission (FMC) is concerned. However, the vessel sharing agreement between CMA CGM, [...]
Maersk and Mediterranean Shipping Co. (MSC) have received approval from the U.S. Federal Maritime Commission (FMC) for their 2M Vessel Sharing Agreement (VSA) and now await approval from China. [...]
Goodbye P3, hello 2M. It didn’t take long after China halted plans for the P3 Network, what would have been an operational alliance between the three biggest carriers in the international [...]
I’ll miss you, P3 Network, if only for your ability to give me a dependable topic to write blogs about (the P3 Network was prominently featured in at least 10 blogs here on the UCM [...]
The P3 Network got approval from the US and Europe, but China said no. Maersk, MSC, and CMA CGM–the 3 largest container shipping carriers in the world–will not be moving forward with [...]
The P3 approval saga continues. The P3 Network—yes, the triumvirate of Maersk, Mediterranean Shipping Co., and CMA CGM combining their operational forces to dominate the world of international [...]
March Madness is over and you thought you were done with brackets. Wrong. As wrong as my NCAA bracket. To give you a carrier alliance overview, here comes the 2014 Carrier Craziness Bracket! [...]
We’ve talked about carrier alliances and specifically the P3 Network quite a bit in Universal Cargo Management’s blog. But last week, there was big news on the P3 Network that makes it worth [...]
Yes, it’s another story of shrinking carrier competition in the international shipping industry. China Ocean Shipping Co., perhaps better known as Cosco, and China Shipping Co. are forming an [...]
This blog is the third part in a series about the G6, P3, and CKYH carrier alliances. Check out Part 1: Hunger Games of the Sea: G6, P3, & CKYH Alliances Fight for Shipping Dominance and Part [...]
This is the follow up to last week’s blog, Hunger Games of the Sea: G6, P3, & CKYH Alliances Fight for Shipping Dominance. In an arena of oceans and seas, giant ships filled with [...]
It’s a chess match to stay alive. No, it’s not as dramatic or exciting to read about as Suzanne Collins’ The Hunger Games where Katniss Everdeen is placed in an arena with 23 [...]
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