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.

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