FTW pick: Big ship revolution forces alliances and mergers

As the global container fleet size revolution continues - along with mergers and alliances - a UK shipping consultant has labelled the industry as “close to a monopoly situation”.

Speaking at the 12th Intermodal Africa conference in Durban last week, Steven Wray, principal consultant at UK-based Ocean Shipping Consultants, said that 21 shipping lines controlled 86% of total capacity.


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