ShippingWatch

Poor prospects of consolidation among container carriers

State-ownerships and family-owned business and shipping empires block the chances of a consolidation among the world's 21 largest container carriers, says Alphaliner. Hapag-Lloyd and CSAV look like an exception.

Even though the need for a consolidation among the world's 21 largest container carriers seems bigger than ever, due to a massive overcapacity and loss-inducing rates that have forced many carriers to divest assets just to stay afloat, the prospects of such a consolidation seem incredibly slim.

14 of the 21 companies may be stock-listed, but they are either controlled by state-owned companies or family-owned shipping empires that are unwilling to participate in mergers.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

ECSA's new secretary general balances on a razor's edge

ECSA’s newly appointed secretary general, Sotirs Raptis, has taken up the helm of an organization criticized by its own members for being invisible. In an interview with ShippingWatch, Raptis explains how he intends to alter that image.

Further reading

Related articles

Latest news

See all jobs