New Study Raises Threat of Bankruptcies for Container-Shipping Industry — forbes.com

Ships’ captains no longer fear that they’ll sail over the edge of the earth. For container carriers today, the real-life brink is bankruptcy. And a growing number are in danger of approaching it. According to a new study by AlixPartners, the container shipping industry as a whole stands closer to outright failure than anytime since 2010. And the risk grows more serious each year. Longtime industry observers might be tempted to greet that message with a yawn. They’ve seen the cycles of boom and bust, the ups and downs of freights rates and the demise of any number of weaker lines. Yet the stronger carriers sail on, in bigger and evermore efficient ships.

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