Trade & Trends
Report by BlueWater Reporting
From P3 to “Plan B”: Maersk, MSC enter 10-year VSA
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Only a few weeks after the termination of the P3 Network due to antitrust concerns, two of the former three P3 members have moved on to “plan B,” as Maersk Line and Mediterranean Shipping Co. announced July 10 that they plan to enter a 10-year vessel-sharing agreement (VSA), dubbed 2M, on the Asia-Europe, transatlantic and transpacific trades. Expected to start in early 2015, contingent upon approvals from relevant regulatory authorities, 2M will include 21 services with 185 vessels and an estimated total capacity of 2.1 million TEUs. A new report from the BlueWater Reporting Research team takes a detailed look at the current service networks of proposed 2M members Maersk and MSC, and compares them to the proposed 2M VSA. The report, From P3 to “Plan B”: Maersk, MSC enter 10-year VSA, includes charts and pivot tables sent within Excel workbook, containing all of the source data for Maersk and MSC service details in the three major east-west trades, giving readers an unrivaled level of access and insight into the data itself.
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