A new report reveals that the global container market is increasingly dominated by major alliances and MSC, holding up to 82.5% market share.
A new report from Phaata indicates that the global container market is experiencing increasing power concentration, with about 82.5% of market share controlled by major alliances and the shipping line MSC.
This dominance allows major players to optimise profits, but it also increases competitive pressure on smaller shipping lines and may lead to reduced flexibility in supply chains.
The concentration of power in the container market may affect freight costs, customers’ negotiation strength, and the supply–demand balance in global logistics.
For shipping, port, and logistics companies in Vietnam in particular, this trend presents new strategic demands: enhancing partnerships with major lines, diversifying service routes, and closely monitoring international market developments to avoid dependence on a few “big players”.
Source: Phaata
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