Consolidation wave to challenge Maersk Line's key trades
A French acquisition and major Chinese mergers will soon give Maersk Line a run for its money on the huge routes between Asia and Europe, while a strong rival alliance will dominate the Pacific Ocean between Asia and the US, according to SeaIntel.
BY OLE ANDERSEN
French CMA CGM's decisive negotiations for the acquisition of Singapore-based Neptune Orient Lines (NOL) and a major Chinese merger between Cosco and China Shipping Container Lines (CSCL) will challenge Maersk Line's position on the carrier's most important routes, those between Asia and Europe.
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