Small liner companies will come under “great pressure” to consider consolidation during 2017 according to shipping consultancy Dynamar, owing to tough industry conditions.
Research from the analyst’s annual ‘Top 25 Container Liner Operators’ publication shows that the combined net result of twelve reporting lines fell by more than US$13bn during the first nine months of 2016.
The previous year had marked the first time the globe’s largest 25 operators collectively posted a net loss.
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