Despite the comprehensive consolidation that has characterized the container industry in recent years, there are still plenty of opportunities for mergers and acquisitions in the sector, which counts close to 400 different operators, projects analyst firm Drewry in its latest Container Forecaster.
The consolidation among the biggest container carriers has so far had no impact on markets at all, as the rates more or less collapsed in the second half of 2017, a development which according to Drewry did not fit at all with supply and demand.
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