OceanX: Checking in with the zombies...via WiseTech
We smell blood…
Germany’s Hapag-Lloyd is said to be bidding for Israeli carrier ZIM… but then again, we are in a world of “barriers to exit“ in the shipping industry – all the key players that remain in the field have some kind of political backing and acquiring them is difficult.
As a result, I think it is doubtful this reported deal will go ahead, given how politicised the world is.
That said, most cash-rich carriers are likely to express interest with a “me too“ ...
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