ShippingWatch

Alphaliner: Container shipping companies suffer from lack of consolidation

A significant reason for the problems in the international container industry is that the consolidation - called for by many parties for years – has still not happened, says Alphaliner in an analysis in its weekly newsletter.

Photo: Maersk Line

In spite of bad finances at many of the major international container shipping companies, there are still no signs that the companies will start the consolidation that they, and others, have been calling for.

The internationally renowned analysis bureau Alphaliner examines the industry’s development over the past 20 years, and the conclusion is that the consolidation that took place in 2005, where Maersk Line, for instance, took over P&O Nedlloyd, has been very absent in recent years, even though there has been ample reason for reducing the number of players in the market in order to end the overcapacity. But none of the major players in the Top 20 have participated in acquisitions or mergers since 2005-2007.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

HHLA advances despite chaotic market

Port company Hamburger Hafen und Logistik has seen much progress this past half year despite ”major operational challenges” on a volatile market.

Borr Drilling seeks capital in the US

Tor Olav Trøim’s Borr Drilling searches for capital in the US and plans to issue shares on the New York Stock Exchange, a company statement reveals.

Related articles

Latest news

See all jobs