1. Market Research
  2. > Transportation
  3. > Maritime Transport Market Trends

Maersk Line: The Triple-E, the capacity glut and the P3 Network

  • February 2014
  • 22 pages
  • MarketLine
Report ID: 2103669

Summary

Table of Contents

Search Inside

Introduction

Much has been made of the effect falling commodity & consumer demand has had on industry and retail. What of the companies whose job it is to transport the goods these businesses sell & use? This report looks at the difficulties falling commodity and consumer demand has had on Maersk Line, and how Maersk has become a victim of its own success amid a capacity glut, and its response, the P3 Network.

Features and benefits

* Looks at the travails of the shipping industry, analyzing the dry bulk cargo index, Baltic Dry Index (BDI), and container shipping index the HARPEX.
* Looks Maersk Line's fleet of new vessels, the Triple-E, and how they will effect the shipping industry and its capacity glut.
* Analyzes the capacity glut, and Maersk Line's response through the creation of the P3 Network, looking at what impact this alliance will have.

Highlights

New vessels ordered during a boom period, when demand outstripped supply, were delivered during the financial crisis. The perfect storm of increased capacity and a fall in demand created a major capacity glut. The P3 Network aims to address this by decreasing the number of vessels but increasing capacity, thus creating improved economies of scale.
The P3 Network will see a decrease in the number of vessels on the relevant routes, yet increased capacity resulting in improved economies of scale. At the same time CO2 emissions will be reduced, and further cost savings found through improved fuel efficiency. Yet, each member is still able to compete with one another for each and every container.

Your key questions answered

* What impact did the financial crisis have on the shipping industry? How and why did the capacity glut occur?
* How has the dry bulk index (Baltic Dry Index) and container shipping index (HARPEX) reacted to the financial crisis and the capacity glut?
* What is Maersk Line's response to the capacity glut? What benefits do Maersk's Triple-E vessels bring to container shipping?
* What is the P3 Network? What impact will the P3 Network have on the container shipping industry?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Global Marine Signaling Devices Market 2017-2021

  • $ 3500
  • Industry report
  • June 2017
  • by Infiniti Research Limited

About Marine Signaling Devices A marine signaling device is an equipment used as a means of communication and navigation tool on the sea. All sea-going vessels are expected to carry a minimum number of ...

Global Marine Vessel Energy Efficiency Market 2017-2021

  • $ 3500
  • Industry report
  • July 2017
  • by Infiniti Research Limited

About Marine Vessel Energy Efficiency Marine vessel energy efficiency refers to the solutions that enhance operational efficiency through sustainable energy usage. The growing consumption of fossil gases ...

Global Marine Power Systems Market 2017-2021

  • $ 3500
  • Industry report
  • April 2017
  • by Infiniti Research Limited

About Marine Power Systems The marine auxiliary engine is used to generate electricity onboard marine vessels, which is termed as an auxiliary unit. Initially, steam turbine propulsion was used, which ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.