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Alphaliner: No consolidation despite losses among container carriers

Only four of the 18 biggest container carriers were able to produce surpluses in the first quarter of this year, and the rates on key routes continue to be very low. Despite these developments, there are no signs to suggest consolidations between the carrier companies, Alphaliner writes.

Photo: Hanjin

There are no signs of consolidation among the hard-pressed container carriers even though only four of the 18 biggest container carriers saw surpluses in the first quarter of 2013, Alphaliner writes in its latest newsletter.

Experts, advisors, and the carriers themselves have often mentioned mergers of container carriers as an obvious way to tackle the beleaguered economy and particularly the overcapacity within the market. Yet the poor results of the first quarter of 2013 do not seem to indicate that a number of mergers will become a reality. Recently, the discussions of a merger of the two German container carriers Hapag-Lloyd and Hamburg Süd seem to have hit the buffers definitely. 

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