Maersk Line’s acquisition of Latin American specialist carrier Hamburg Süd could be a disruptive influence on the Asia to east coast South America trade, albeit indirectly.
Strict competition conditions imposed on the deal by regulators have caused a shake-up of services and a market share grab, which, according to Alphaliner, is expected to damage “the delicate supply-demand balance on the trade”.
Indeed, container spot rates for the Shanghai-Santos component of the Shanghai Containerized …
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Source: The Loadstar
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