Comment / M&A rumblings – Mærsk sniffing around forwarders

ID 16151959 © Manicboy248 | Dreamstime.com

The fierce fight for freight volumes; spot rates falling; the overcapacity threat inherently tied to the Red Sea return; and then management changes in key spots “to drive change” or “just restructure what is owned already” – there’s plenty of reasons why cash-rich ocean carriers may need to buy rather than build now, according to consensus in our marketplace.

Really? 

Their under-levered balance sheets look safe this year and early next, but “inaction is simply not a strategy”, as one source put ...