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French in line to win World Cup (of container shipping)

Following COSCO's deal for OOCL, now CMA-CGM and Hapag Lloyd are reported to be discussing an all-share merger, though neither company has confirmed the rumour and Hapag-Lloyd has rubbished it. Is this just the pipe dream of an investment banker high with World Cup fever? Or is the liner business in for another round of M&A activity which would catapult The French Line into global first place just as Les Bleus eye the same lofty position at the World Cup in Russia? CMA-CGM has fallen to fourth place in the league table of largest container ship operators following the COSCO/OOCL deal, which puts the Chinese in third place behind MSC in second and Maersk in first place. Hapag-Lloyd is current

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