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Assuming that the proposed P3 network receives clearance from Chinese regulators, and there are no last minute objections from the EC, the world’s three biggest ocean carriers – Maersk Line, MSC and CMA CGM – will launch their east-west vessel-sharing agreement in the second half of the year.

This mega-alliance is likely to be a game-changer – although one that is not without its challenges.

Much has been spoken and written of the differing business philosophies of the individual P3 members since ...

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