Japanese Liner Merger

A single resource with the latest news and developments regarding the merger of Japan's Big Three container lines, NYK Line, MOL, and "K" Line. The companies have said that given the consolidation of the last few years the fundamental nature of the container shipping business has changed, and the only way forward for the three is to team up in pursuit of the lower costs and greater scale that are now essential to remaining competitive against behemoths such as Maersk Line and CMA CGM.