CSAV Added To List Of Struggling Container Lines Looking To Merge As Consolidation View Plays Out

Chilean company CSAV can be added to the growing list of container shipping lines seeking to merge, having reported heavy losses for Q311. CFW notes that BMI's consolidation view has been gaining momentum in recent weeks. With rates on the major box shipping routes continuing to sink, it is understandable that lines would start to look at strategies of how to weather a second downturn in the space of two years.

To read the full article, please choose one of the following options: