Browsing Tag

Container shipping consolidation

7 posts

Maersk Line looking at digital booking to cut costs

The Maersk group is eyeing increased digitalization that will see booking with the giant liner company taking place in mere seconds, saving time and…
  • April 3, 2017
  • 3 minute read

2017 seen as year of ‘die-hard competition’ for shipping

Container shipping market conditions improved in 2016 as fleet growth was put under control, but this year will be another challenging one for the…
  • January 5, 2017
  • 3 minute read

Yang Ming might be next up for consolidation

Taiwanese container line Yang Ming Marine Transport Corp., the state’s No. 2 and now the world’s ninth largest box carrier, may be merged with…
  • December 8, 2016
  • 2 minute read

Maersk Line to buy Hamburg Sud

Denmark-based Maersk Line announced on December 1 that it has reached an agreement to acquire German container shipping line Hamburg Sud from the Oetker…
  • December 1, 2016
  • 3 minute read

Higher freight rates seen as supply-demand gap improves

Container shipping’s massive supply-demand imbalance is expected to narrow going into 2017, leading to higher freight rates for box shippers, according to shipping analysts.…
  • November 5, 2016
  • 2 minute read

Mergers show way out for ‘distressed’ box shipping industry, says study

Further consolidation may be the only cure for the malaise afflicting the container shipping industry, whose shaky financial state will likely worsen in 2016,…
  • March 11, 2016
  • 3 minute read

‘Profound changes’ reshaping shipping industry to the core

The container shipping industry is facing an increasingly deteriorating scenario of supply-demand imbalance, spiraling debts, and market uncertainties that is prompting “profound structural changes”…
  • March 26, 2014
  • 3 minute read