Speed integrated maritime industry next year

A law firm on Thursday (November 11) survey, the seaborne trade prospects, as well as cargo owners to widespread optimism that next year the maritime industry mergers and acquisitions and joint venture will grow.

Norton Rose (NortonRose) law firm 679 international transport companies, financial institutions and other objects of the survey also found that compared with other transport industry, air transport from the recovery of the global recession of the strongest momentum. Participated in the survey there were 177 maritime industry, of which 60% said the next 12 months plan joint operations, 58% to seek strategic acquisitions.

"Last year the industry on the development and expansion of the class completely ignored the recommendations," Norton Rose global head of transportation Harry - Theo Charles (HarryTheochari) disclosed.

"Now we will see a lot of companies interested in joint venture or merger, which is not to say all of a sudden there will be dozens of mergers and acquisitions and cooperation, but the shipping company's areas of activity is bound to expand."

It is reported that now the recovery trend of the maritime industry and even show that industry veteran can not help but surprise. Baltic Dry Freight Index (BDI) has been significant rebound; container companies to regain market right to speak, busy shipping increases, the peak season surcharge levy, or even a "hard to find a box" situation.

As the current international status of the maritime industry mergers and acquisitions, business development for China's shipping to the actual situation of the coping strategies of shipping companies, shipping companies should actively consider the use of mergers and acquisition strategy, increasing coalition efforts, the Government should strengthen the shipping companies support and monitoring.