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Carriers Joined at the Ship?
Some industry observers expect more consolidation, but obstacles abound
Container shipping’s latest slide into red ink is reviving talk about mergers and acquisitions among carriers. Major ship lines surprised some observers by weathering 2009’s market collapse, which produced more than $15 billion in losses, without consolidation. Things may be different this
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Peter Tirschwell
Plans to spend $46 billlon to double Persian Gulf port capacity goes far beyond the needs of the market, Drewry says http://t.co/pG2Wlp3h
May 24, 2012 7:51AM GMT
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