News / Grim outlook for liner shipping, as a continued weak market pushes carriers to the brink

19/04/2016

The shock waves from the collapse of a top-20 container line such as Hyundai Merchant Marine (HMM) could be the catalyst for a change in carrier behaviour, according to Drewry.

In a Q&A session following the shipping consultant’s Container Freight Rates & Shipping Market Outlook webinar today, container research director Neil Dekker said if HMM were to fail, it “could prompt other players to change their business plans” and, “hopefully, they might change some of their commercial practices”.

The presentation by Mr ...