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Drewry: Make-up of 'Top 20' carriers changing

from Cargo Business

Maersk Line has set the model that the rest of the shipping industry has tried to follow — targeting economies of scale, lowering unit costs and network optimization. This has allowed the company to lower its break-even line more than other lines, according to Drewry Maritime Research. But with rates now at historical lows and bunker costs rising, the maritime analysts assert that even a company of Maersk's stature will feel the pinch. more

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