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P3 elite

Could the P3 Network being set up by Maersk Line, Mediterranean Shipping Co and CMA CGM ever become the P4 or P5 group?

Of course, it would be foolhardy to say no, since who knows how the container shipping industry will evolve over the next few years?

But neither is it easy to see which other line or lines may be suitable candidates to join this exclusive partnership.

To begin with, any future member would need to be of comparable size and to have a compatible fleet.

Yet fourth-ranked Evergreen clearly prefers smaller ships, giving rise to speculation that the Taiwan line hopes to revive its round-the-world service concept, once the new Panama Canal locks are open.

It may also be hard to bring lines with very different corporate cultures into the fold, in effect ruling out many of the Asian operators.

Neither have most other carriers so far gone for the ships of 16,000 teu or more that the P3 lines will be deploying in the Asia-Europe trades, with the exception of China Shipping and United Arab Shipping Co.

The latter will soon confirm an order for 18,000 teu units, then pair up with China Shipping on that route.

Given the background of the three P3 founders, another European line would be easiest to accept, if only for the practical purposes of communications.

The obvious candidate would be Hapag-Lloyd, now ranked number seven in the world but which would rise to fourth place should it ever merge with Hamburg Süd.

That, however, would almost certainly create antitrust concerns in Brussels, yet another reason why P3 may just stay as it is.

via: www.lloydsloadinglist.com

Qatar, August 15, 2023QTerminals Group (51% Qatar Ports Management Company Q.C.S.C (Mwani Qatar) and 49% Qatar Navigation Q.P.S.C (Milaha)) has acquired a majority stake in “Kramer Holding B.V.”, a provider of integrated logistics and container services located in the Port of Rotterdam in the Netherlands.

The acquisition of Kramer Group represents an important milestone in the expansion of QTerminals, as the Port of Rotterdam is the largest port in Europe and is a significant addition to QTerminals Group’s record of success in diversifying its operations. In addition, this acquisition further reinforces QTerminals Group’s commitment to contribute towards Qatar National Vision 2030 which aims for the diversification of the national economy and foreign investments.

The CEO of QTerminals, Mr. Neville Bissett, stated: “Kramer Group is an important strategic step for QTerminals as we will expand our presence into Europe’s largest port. Kramer Group complements QTerminals and adds existing business, a robust value-creating service offering and European network to QTerminals portfolio.
Kramer Group has both core and strategic importance to the Port of Rotterdam, as it supplements the Port’s activities whilst having direct access to the deep-sea terminals of the Port of Rotterdam.
The acquisition of the Kramer Group by QTerminals allows its entry and presence in the largest port in Europe which makes QTerminals Group’s position stronger in relation to future opportunities in Europe and other developed global markets.
The presence of QTerminals in the Port of Rotterdam is strategic and reputable for QTerminals Group in particular and for the State of Qatar in general as QTerminals Group’s profile will become known in the largest European port..

“I’m very excited about this significant milestone in the journey of our family business which started 60 years ago by my father. Today, we mark the beginning of a new chapter joining forces with QTerminals. I believe that their expertise, resources, and industry insights will enable us to expand our horizons and explore untapped opportunities. Whilst maintaining our culture, organization, core team and our commitment to delivering the superior quality services to our clients in almost all aspects of container logistics”, said André Kramer, CEO of the Kramer Group.
By acquiring Kramer Group, QTerminals will continue to develop its world leading technical and operational know-how to enhance and optimize its potential as one of the leading providers of integrated container logistics services in Europe.

Kramer Group’s development and growth in recent years are indicators of good corporate management and governance of the organization. “Following our assessment of the current organization, we are excited to retain and welcome Kramer’s key management personnel and employees into QTerminals, including Mr André Kramer, who will continue as Chief Executive Officer” said Neville Bissett.

About Kramer Group

The Kramer Group is an integrated container handling and storage, terminal, container development and logistics services provider, located in the Port of Rotterdam, and is the only independent terminal in the Maasvlakte area, and one of the few multi-user depot terminals in the port.

The Company operates in six different locations with network access to the principal terminals, of which five are at the Maasvlakte and one at the Eem-/Waalhaven, and has tri-modal transport options via rail, water and road.