New large-scale container alliances such as Maersk Line's collaboration with MSC, as well as the new Ocean Three alliance, constitute the very basis of a future recovery for the industry in a few years' time, due to factors such as reduced unit costs per container.
Any notion that container carriers will in the future be able to hedge their profits on increased freight rates seems wholly unlikely, just as carriers will also not be able to hedge their future on the normal and familiar principles of supply and demand on various routes.
Already a subscriber? Log in.
Read the whole article
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
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.