Evergreen and COSCO Play Catch-up In Brazil as MSC Slips — Panjiva
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Evergreen and COSCO Play Catch-up In Brazil as MSC Slips

Brazil 415 Corp - Shipping 1026 Mode - Containerized 1524 Mode - Seaborne 1845

Container-lines operating on Brazilian lanes had a strong month in June with a 9% rise in handling. In contrast to prior months the mid-sized players made ground. Evergreen Marine and COSCO Shipping expanded by 71% and 75% respectively, with only three shippers in the top 20 seeing a decline.

Notably MSC saw a small drop on volumes, leading to a 1.8% point drop in its market share to 19.4% for the second quarter overall. CMA-CGM saw a 0.5% point improvement, and may expand further once its acquisition of Mercosul from Maersk is complete. The organic consolidation of the industry c...

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