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Business prediction 2018 – Transport

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Harry Theochari

Viewers can read herebelow below a business prediction for transport from Harry Theochari, Global Head of Transport, at global law firm Norton Rose Fulbright:

“Consolidation is becoming a key feature for both the shipping and aviation industry with mergers and acquisitions likely to continue into 2018. China is very likely to continue to drive some of the most exciting and innovative transactions including sale and leaseback deals structured on both pure equity and equity/debt structures, with debt provided by Chinese, other Asian and a decreasing number of European banks. Meanwhile, there has been tremendous excitement around blockchain over the past year, with major transport players trialling the technology. The widespread adoption of distributed ledger technology has the power to transform the shipping and wider logistics industry, and has the potential to significantly lower the transportation costs associated with global trade.”

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