Decisive action is needed to tackle structural problemsincluding persistent oversupply of tonnage if the industry is to see a revival,according to the study by financial restructuring specialist Alix Partners.
“The container shipping industry as a whole continues toface stiff challenges, and for many companies in the industry those challengescould be existential if not addressed,” said Lisa Donahue, managing directorand global head of turnaround & restructuring services.