CMA-CGM’s Santos Switch Follows Reduced Flows — Panjiva
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CMA-CGM’s Santos Switch Follows Reduced Flows

Brazil 260 Corp - Ports 661 Corp - Shipping 608 Mode - Containerized 1005 Mode - Seaborne 1273

CMA-CGM will relocate its operations at the port of Santos, Brazil to facilities run by DP World and away from those of Grupo Libra. CMA-CGM’s inbound volumes to the port have dropped 24.5% in the three months to Feb. 28, possibly one reason for its relocation. Most of its larger customers, including Samsung and Red Bull, have seen a downturn in volumes with Dow Chemical – whose volumes rose 44.4% over the same period – being an outlier.

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