Drewry: Four major alliances could ensure stable rates

Four new blocks in the container industry from early 2015 could ensure improved control of the many ships, thus stabilizing the rates, according to Drewry.
Photo: Hyundai Merchant Marine
Photo: Hyundai Merchant Marine
BY OLE ANDERSEN

Four container carrier groups could from early 2015 control 98.5 percent of the total capacity from Asia to Europe, and even though the primary purpose of establishing larger consortia and alliances is to reduce operating costs, this will also give the carriers a better chance of adapting the supply of ships for the major seasonal fluctuations.

Already a subscriber?Log in here

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.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading

Foto: Bhp/Reuters/Ritzau Scanpix

Peter Twiss resigns as CEO of Oldendorff

For subscribers