The Brazilian shipping market remains tough – total shipments were 6% lower in August than a year earlier, and trade continued to decline in September. During August Maersk and CMA-CGM appear to have played catch-up in regaining market share lost over the previous two months. Maersk a... Read more →
The war for market share in Brazil’s shipping market continued in July, driven by an 11% drop in volumes shipped according to Panjiva data. Hanjin Shipping’s local operation experienced a 55% collapse in volumes, foreshadowing the broader group problems in July. Among the larger players, Ha... Read more →