While the world's five biggest container carriers control 65 percent of the global market today, they only had 48 percent a decade ago – a factor which in itself illustrates how the consolidation in the sector has created new container behemoths in recent years.
With the recent approval of its acquisition of Hamburg Süd, Maersk Line's takeover of the German carrier stands as the latest example of the acquisition wave that has given the Danish carrier an aggregate market share of close to 18 percent.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.
More from ShippingWatch
As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.