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International Containers Consolidation

Consolidation pays off for carriers during crisis

Sea-Intelligence says container lines would have had no control of the current coronavirus-led market recession if they had not consolidated the sector during the past two decades. Now, rates remain firm despite a slump in demand thanks to the capacity discipline carriers displayed

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The consultancy warns, however, that ‘nothing should be taken for granted’ in the current crisis, under which any companies or even states could go into default 

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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