Cosmic Changes
The Liner Shipping Industry is arguably, undergoing the biggest period of changes in it's history. The larger carriers get larger, the smaller carriers become more niche carriers and then there are those stuck in the middle. Think of the Container Industry a bit like our early solar system. In the beginning there was nothing but dust. Out of this dust, rocks began to be formed and would clump together. The larger the rocks grew, the greater their gravitational pull became, an
Alliances.......an uneasy truce? (Part 1)
Alliances in have been around in shipping for decades but there has been a seismic shift in the various alliances over the past 3 years or so. For a long time, Maersk Line and MSC did not participate in any major alliances because they were much bigger than their rivals and so had no need to share vessels on a large scale (they did participate in some smaller Vessel Sharing Agreements (VSA’s) but they were always the dominant partner in these VSA’s, so they could never really
