Further liner consolidation required to boost rates

摘要

THE top seven container lines will control 70% of global capacity by the end of 2018, but this will still leave a fragmented market open to price wars and rate instability, warns Alphaliner analyst Hua Joo Tan. Sitting below the top seven lines is a group of carriers whose future prospects are limited, according to Mr Tan. These include OOCL, Yang Ming, Hyundai Merchant Marine, Pacific International Lines, Zim and Wan Hai.