SeaIntel Consulting: Box merger reshuffles alliances
Sensible decision to merge China Cosco and China Shipping Container Lines if the two companies are to become profitable, says Lars Jensen, SeaIntel Consulting. But two of the four major container alliances will be changed.
BY OLE ANDERSEN
It makes good sense to merge China's two major state-owned container carriers China Cosco and China Shipping Container Lines, which the Chinese government is presumably preparing to do, notes Lars Jensen of SeaIntel Consulting.
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