Shipping getting anti-competitive for smallest states, UN says
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Geneva
SHIPPING mergers are leaving an increasing number of countries serviced by too few suppliers to ensure a competitive market, the UN trade and economic thinktank UNCTAD said on Wednesday.
Globally, there is now an average of 15.7 companies offering regular container shipping services to each country, a number that has declined steadily from 22.1 in 2004, UNCTAD said in its annual Review of Maritime Transport.
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