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Can't miss the irony in liner trade consolidation

How is it progress when regulatory intervention leaves the sector with just a few large carriers that probably won't need to compete on price

COSCO'S takeover of Hong Kong-based Orient Overseas International Ltd (OOIL) just over a fortnight ago takes the container industry one step closer to "liner paradise", or at least that is the view of shipping industry analyst Drewry.

A joint statement was issued by Hong Kong-based OOIL,...

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