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.
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