Dry Bulk Consolidation As SKK And Nippon Steel Shipping Join Up

Japanese shipping line Shinwa Kaiun Kaisha (SKK) has further exposed itself to the dry bulk market by buying the transport subsidiary of Nippon Steel, Nippon Steel Shipping. CFW weighs up the pro and cons of this deal for both sides, and notes that consolidation may become an increasingly popular strategy during this continued period of volatility in the shipping market.

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