Page 14 - Port of Baltimore Magazine Oct/Sept 2013
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The Port of Baltimore
■
September/October 2013
Soundings
IN MEMORIAM
Former MPA Executive
Director Oversaw
Opening of Seagirt
B
rendan William “Bud” O’Malley
—
whose term as Executive Director
of the Maryland Port Administration
(MPA) coincided with the opening of the Port
of Baltimore’s Seagirt Marine Terminal —
passed away July 6 at the age of 77.
The $250 million Seagirt terminal opened
in 1990, one year after O’Malley had become
MPA Executive Director. Previously, he had
spent 28 years as Deputy Director of the Port
Department at the Port Authority of New York
and New Jersey.
After stepping down from his position with
the MPA in 1991, O’Malley accepted a spot at
Hobelmann Port Services in Baltimore.
Born in Braddock, Pa., O’Malley was a U.S.
Army veteran and a husband, father of four and
grandfather of eight.
SHIPPING
P3 Alliance has
Big Potential to
Aid Port
T
he world’s three largest
shipping companies
—
Maersk Line
,
Mediterranean Shipping Co.
(MSC)
and
CMA CGM
— have
announced an alliance dubbed
the P3 Network that would
boost fleet capacity and reduce
operating costs, provided the
move passes anti-trust reviews.
The alliance could aid the
Port of Baltimore with more
container traffic, according to
Port officials.
Along with Evergreen
Shipping Agency America
Corp., MSC helped account for
a large majority of Baltimore’s
container traffic in 2012.
The proposed alliance would
have a combined fleet of 255
vessels capable of transporting
2.6 million containers, the
companies said. If regulatory
approvals are obtained,
operations will be expected to
start sometime next year.
P3 Network shippers would
utilize a joint operating center
overseeing three trade routes:
Asia-Europe, trans-Pacific
and trans-Atlantic. A larger
percentage of the new network’s
capacity is expected to be
handled by the Maersk Line,
followed by MSC and then CMA.
By sharing vessels, the alliance
hopes to reduce the number of
canceled sailings and offer more
direct ports of call.
“Declining volume growth and
overcapacity in recent years have
underlined the need to improve
operations and efficiency in the
industry,” the carriers said in a
joint statement. “P3 will create
value by allowing partners to
operate with larger vessels while
