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Analysis: Container carriers face bigger risk of bankruptcy

There is so much pressure on the container carriers' financial situation right now that they are actually at greater risk of facing bankruptcies than they were in 2010. Being a shipowner has become increasingly fraught with risks since that time, according to new analysis.

A new analysis from consulting firm AlixPartners shows - based on data from the 15 largest stock-listed container carriers - that shipowners are currently leading a much more risk-fraught life compared to just four years ago. The data is from 2013, and based on this, AlixPartners estimates that carriers face a much greater of risk of, for instance, bankruptcies than was the case in 2010.

“The container shipping industry as a whole continues to face stiff challenges, and for many companies in the industry those challenges could be existential if not addressed,” says Lisa Donahue in a press release.

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