GCTL8.com (FocusAsia Media Ltd)

LONDON, Nov 16 (FAM) – The consolidation of the container shipping market is creating “real potential competition issues” because independent carriers are being forced out of the market as acquisitions are replaced by new super alliances controlling major trade lanes, according to a major new report from the Global Shippers’ Forum (GSF).

GSF argues in ‘The Implications of Mega-Ships and Alliances for Competition and Total Supply Chain Efficiency: An Economic Perspective’ that consolidation of the box shipping industry requires more competition oversight and a new “commercial contract” covering services and mutual liner and shipper needs.