“Now there are five to seven large [container shipping] companies in the world – there is no point in being any larger. We have estimated that further mergers would yield savings of 2%, which is not comparable to the savings achieved in previous years. It is better to concentrate on providing a better, more efficient service, because this will save well over 2 percent.” – Hapag-Lloyd CEO Rolf Habben Jansen, …
The post On the wires: Uber-bullish RH Jansen unshakeable on M&A – bad news for Hapag shareholders? appeared first on The Loadstar.
Source: The Loadstar
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