September 15, 2021 - 2100 HRS
Consolidation in the ocean shipping industry
The Paul Truesdell Podcast
Paul Grant Truesdell, J.D., AIF | CEO
The Truesdell Companies
The Truesdell Professional Building
200 NW 52nd Avenue
Ocala, Florida 34482
212-433-2525 X 714
Email: paul@truesdell.net
Corporate Website: https://truesdell.net
Episode Outline
◦ Consolidation in all industries
◦ Dangerous
◦ Monopolies
◦ Oligopolies
◦ Shipping consolidation
◦ Giant vessels
◦ fewer routes, fewer ports, flow of goods
◦ 70% of all container shipping controlled by 6 operators
◦ The top ten
◦ Maersk - Denmark
◦ Nippon - Japan
◦ Cosco - China
◦ Mitsui - Japan
◦ Hapag-Loyd - Germany
◦ Kawasaki - Japan
◦ Orient Overseas - China
◦ Kirby - Houston, TX
◦ Cosco - China
◦ Matson - HQ Honolulu
◦ China 3 of 10
◦ Japan 3 of 10
◦ Europe 2 of 10
◦ US 2 of 10
◦ 60% controlled by Pacific Rim
◦ 80% controlled outside the US
◦ Consolidation in all industries
◦ Dangerous
◦ Monopolies
◦ Oligopolies
◦ Shipping consolidation
◦ Giant vessels
◦ fewer routes, fewer ports, flow of goods
◦ 70% of all container shipping controlled by 6 operators
◦ The top ten
◦ Maersk - Denmark
◦ Nippon - Japan
◦ Cosco - China
◦ Mitsui - Japan
◦ Hapag-Loyd - Germany
◦ Kawasaki - Japan
◦ Orient Overseas - China
◦ Kirby - Houston, TX
◦ Cosco - China
◦ Matson - HQ Honolulu
◦ China 3 of 10
◦ Japan 3 of 10
◦ Europe 2 of 10
◦ US 2 of 10
◦ 60% controlled by Pacific Rim
◦ 80% controlled outside the US
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