Thursday, August 21, 2014

CONTAINER LINES, MEGA SHIPS, AND FUTURE

For the past few years, one ocean carrier seems to dominate events.  The use of large vessels shows this.  Many other carriers have basically stood still with buying mega ships.  As a result, one carrier has developed a significant fleet of these lower operating cost vessels during turbulent financial times.  They also have a lead and history in knowing how to use these ships.

What does this mean for the future of container shipping?  Will there be carriers who will not survive?  Is it too late for these carriers to invest in mega ships and to chart their own futures instead of following one carrier?  Why are major shippers saying and doing nothing as all this unfolds?