Amid the continued slump in the maritime transport market, since 2015 there have been significant merger and acquisition activities in the shipping industry, aimed at the enlargement of operation scales in order to increase competitiveness. Also, South Korean industry giant Hanjin Shipping filed for bankruptcy in August. Under such circumstances, three Japanese shipping firms announced the integration of their container-shipping operations this past October 31st. The structure of the container ship industry is experiencing changes on a global scale.
Selected Papers No.22