On the wires: The pointless Maersk vs MSC race
It is perhaps more commonly known as appreciating the laws of diminishing returns.
“With the acquisition of the six high-quality containerships and approaching 1 million teu, Seaspan has continued executing on its growth strategy through disciplined capital allocation. Leveraging our strong balance sheet and trusted customer partnerships, we are well positioned to grow our market leading position to capture the increasingly attractive opportunities in the containership sector.” – Seaspan (SSW) president and CEO Bing Chen, 24 January 2020.
After a couple of rather solid interim updates and the announcement of a new corporate tree that ...