Major ocean carrieers growing in an ever increasing competitive market

on 15 March 2016

It has recently been announced that the french owned CMA CGM is to acquire the APL/NOL operator to enhance the global share.
Also, China Ocean Shipping Company (COSCO) and China Shipping container lines (CSCL) are to merge. This will create the world's 4th biggest carrier ahead of Hapag Lloyd but behind CMA CGM/NOL.