Shipping Mergers to Remake Global Alliances

- 25/04/2016, 17:43
Alliance members share ships, networks and port calls, saving hundreds of millions of dollars in annual costs as the industry remains mired in one of its worst
downturns ever.
Some of the world’s biggest ocean by month’s end, as top container operators vie for regulatory approvals of new tie-ups, industry executives said.
“I expect the four existing alliances to become three after the merger shake-up and some carriers being left out of the new alliances,” said Lars Jensen, chief executive of Copenhagen-based SeaIntelligence Consulting.