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Hanjin collapse may hasten consolidation in shipping

Thu, Sep 15, 2016 - 5:50 AM

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The collapse of Hanjin Shipping Co will probably spark fresh consolidation among container lines as they attempt to ride out the shock waves buffeting the industry, Hapag-Lloyd AG chief executive officer Rolf Habben Jansen said.
PHOTO: REUTERS

Hamburg

THE collapse of Hanjin Shipping Co will probably spark fresh consolidation among container lines as they attempt to ride out the shock waves buffeting the industry, Hapag-Lloyd AG chief executive officer Rolf Habben Jansen said.

"A lot of people hadn't expected the...

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