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Mixed news for container carriers

Industry surprised by collapse of P3 Alliance proposal, while EU's extension of liner BER is cheered

Moller-Maersk chief executive Nils Andersen was quoted as saying that the Chinese decision came as a surprise, but said the company wasn't planning a strategic shift as a result - PHOTO: SPH

IN THE last few weeks, there has been bad news for the three carriers which had been set to create the proposed huge P3 Alliance - Maersk Line, Mediterranean Shipping Company (MSC) and CMA CGM - but may be good news for the container shipping industry in general. Outwardly, the three lines have