Shipping M & A Risk Analysis And Preventive Measures

As the mainstay of the world shipping market, shipping enterprises carry more than 90% of international trade in cargo, the status and role of them are increasingly concerned by the people. With the adjustment of the international shipping market macro-structure and the changes of competition pattern in the shipping market in the situation, shipping enterprises set off a massive wave of mergers and acquisitions The shipping enterprises have in the fierce competition for the target enterprises in order to charge more shares in the world shipping market, to enhance their international competitiveness and to seek survival and development.There are a lot of risks in shipping enterprises mergers. Shipping enterprises merger risks are not only impacted by the global economic trade and the influence of natural factors but also impacted by the cyclical fluctuations of the shipping market and the world economic situation as the practice during the following years. Shipping enterprises acquisition risk has its very complex reasons, according to the risks from different time can be divided into shipping enterprises ex ante risk shipping enterprises merger risks and shipping enterprises ex post risk.The paper presents a basic concept of merger and acquisition at first and analyses the risks of it. Then analyses the status and risks in shipping enterprise merger and acquisition, point out that the shipping merger process is fraught with many risks and make a classification of risks on the basis of the analyses above. According to the time series they can be divided into three categories, these are shipping enterprises ex ante risk shipping enterprises merger risks and shipping enterprises ex post risk, each type of risks also include specific contents of the different risk, then the paper presents the corresponding preventive measures against each risk.Finally, take the case of Maersk Sealand mergered P & O Nedlloyd for example to verify the text presented by the measure and make the evaluation on the prevention measures in Maersk Sealand mongering P & O Nedlloyd,also point out some more successful measures and some problems as well as the reasons and the corresponding policy views.