Analysis: Maersk's deep pockets make all the difference

The consolidation that is beginning in the container market will absorb some of the extreme overcapacity in the long run, and this improved balance is a good sign for rate development, assesses Jefferies. Maersk is definitely in the best position, notes the analyst agency.

BY DANIEL LOGAN BERG-MUNCH

As French CMA CGM has purchased the Singapore-based Neptune Orient Line (NOL) and with the impending merger of the two nationally owned Chinese container giants Cosco and China Shipping (CSCL), the sorely needed consolidation in the weak container market has now begun.

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Analysis: Maersk's deep pockets make all the difference

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Chinese container merger is a Christmas bonus for 2M

Maersk downgrades 2015 expectations

Here are the details behind China's mega-merger

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Front page now

Panama Canal once again limits the daily number of ships

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Will the world come to need 12 million barrels of oil a day?

Poseidon Principles align with IMO climate targets

Royal Arctic Line's chief executive steps down

Broker sees benefits in Fredriksen's possible purchase of rival's tankers

Carriers go their separate ways on climate quotas

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Everfuel and French fund to invest EUR 200m in hydrogen through joint venture

Gram Car Carriers lands multi-year contract worth USD 114m

Mississippi River waters dip toward record low in threat to US crop exports

Seven Seas: Customers' green ambitions and actions don't align

Further reading

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Carriers go their separate ways on climate quotas

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

Will the world come to need 12 million barrels of oil a day?

Russia takes more risks by increasing shipping on Arctic route

Jobs