Consolidation of maritime container carriers is showing profit, as seen in the capacity to calm freight rates during this extraordinary economic punch due to the world-wide Corona Virus pandemic. This is “fundamentally different” from past shipping calamities when decimated demand always led to a collapse in prices for container shipment, as recently reported by Sea-Intelligence.[1] “The consolidation of the past 20 years seems to finally pay off, in having created the possibility to mitigate
