SeaIntel: Weak consolidation in the container industry

The concentration among container carriers is still remarkably low compared to other industries, and not even a major Gerrman merger will change that, according to an analysis by SeaIntel.

Even though the consolidation among container carriers has been increasing during the last 20 years, the level remains remarkably low, says the analysts at SeaIntel in an analysis published its weekly newsletter Sunday Spotlight.

The two German Top 20 carriers Hapag Lloyd and Hamburg Süd are currently in negotiations about a potential merger, but even if these negotiations do result in a merger, which would create the 4th largest container carrier in the world, and even if a major carrier ends up buying Unifeeder, the level of consolidation among the container carriers would still be below the levels seen in most other industries, writes SeaIntel.

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