The Rationale for Shipping M&A
The most often quoted reason for consolidation is the reduction in unit costs which can be obtained by an operator with a larger volume of business. The ways in which these reductions can be achieved in practice are discussed in a new white paper, Consolidation in the liner industry, published by Drewry. Consolidation may put a shipping line in a better position to chart its future, with larger volumes and a greater control of its own destiny. • COSCO and CSCL’s merger advances them to fourth place (previously sixth and seventh respectively) though around 4% points behind CMA-CGM.