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Competition and cooperation need to co-exist in liner shipping

Doing away with vessel-sharing alliances could shrink the field and blunt competition

FOR those of us who learnt our trade in the days of conventional cargo liners, the watershed between "then" and "now" was the arrival , in the 70s, of "the box": the container, Malcolm McLean's brainchild, soon sent all those graceful post-war Greyhounds of the Sea to the breakers.