Siim Kallas, the vice president of the European Commission
responsible for transport, called the proposed P3-alliance between Maersk Line, MSC and CGM CGA "a very good idea," according to a report by ShippingWatch
In an interview with the Danish online and daily newsletter publisher, Kallas said, “In a global competition context, I think the P3 alliance is a very good idea, which will strengthen the European competition. I believe the alliance represents innovation, as it aims at rationalizing services, and there are multiple issues where they can offer a better service to customers. We are facing very fierce global competition, and of course volumes matter, that’s why China is so strong — they are simply a very big client as well for shipping and for various raw material producers. And of course, you also need some very big players in order to compete.”
The Chinese government supports both its shipyards and national carriers and as a result "life for competitors is extremely difficult,” he told the publication.
“China is a very serious and very aggressive competitor; in this context, P3 is very interesting because no one else can actually ensure the position of European shipping in the globalization,” he said.
Kallas added that he foresees other companies coming under pressure from the alliance of the world´s three largest container carriers and ports being forced to lower prices for the P3.