Rating bureau calls off liner companies' acquisition race
The liner companies' acquisition and consolidation race is "approaching its end," says one of the world's largest credit rating bureaus, Fitch. The bureau applauds the companies' venturing into logistics, but also points to several considerable challenges.
The consolidation seen in recent years in the container sector, where for instance Hamburg Süd has become part of Maersk, could be ending. Instead, the liner companies are homing in on creating new income by betting on logistics, says credit rating bureau Fitch Ratings in a new report.
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