Moody's anticipates more acquisitions in the container sector

Rating bureau Moody's analysts expect that the continuing overcapacity will result in more mergers and acquisitions in the years to come. The industry itself is split on the matter.

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.

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