News / Hanjin and MOL the latest to eye asset sales as box lines become more prudent

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It is probably too early in the year to call, but there is certainly good evidence to suggest that 2014 might be the year that sees ocean carriers return to a more judicious management of their assets, and thus sustainable profitability to justify their billion dollar investments.

With the exception of economy-of-scale-beating Maersk Line and its P3 partners, almost every container line had a miserable 2013. Indeed, carrier shareholders have seen a return on their investment only once in the past ...