2016 was one of the wildest years in container shipping history. Within one year, the industry witnessed the largest bankruptcy in history with Hanjin Shipping, historically low spot rates, the narrowing of the Top 20 global container lines to 14, and the dramatic reorganization of global shipping lines into new, larger vessel-sharing agreements. With the industry in such a dynamic state, 2017 will likely hold its own surprises. Here are some key issues to watch.
Comments are closed.