• Container shipping faces year of consolidation Sunny Ho, Hong Kong Shippers’ Council Executive Director says that mergers are ‘unavoidable’ and that reduced capacity will provide long-term benefits to carriers. With falling freight rates and too many vessels for too few goods, the long awaited consolidation in the container shipping sector is under way with the proposed acquisition by CMA CGM of […] Fwd News 0 Comments January 19, 2016