Maersk, CMA CGM and Mediterranean Shipping Co unveiled plans to develop the P3 Network, covering the Asia-Europe, transpacific and transatlantic routes, with a scheduled launch in the second quarter of next year, if its formation is given the green light by regulatory authorities in Asia, the EU and the US. Although there have been questions as to whether an alliance that is, for example, expected to control some 40% of total Asia-Europe cellular capacity, will pass monopoly tests, it is also doubtful whether the carriers would even get to the stage of announcing their plans without significant confidence they will win approval.
