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.
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.
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