Five container behemoths to dominate the global market
Maersk Line and four other container carriers will control more than half of the container market by late 2016, notes Alphaliner. But 2016 will be another thriller.
BY OLE ANDERSEN
In about one year, five carriers will control more than 50 percent of the global container market, projects Alphaliner after the five same carriers in early 2015 joined forces in two major alliances on the East-West trade from the Far East.
The EU’s import ban on Russian oil will create ”imbalance” and ”spikes” in the bunker market, with disruptions seen lasting for ”at least the whole of 2023,” says Anders Grønborg, new chief exec of KPI Oceanconnect.