Port strikes in Spain flagged by Maersk back in January have begun to take effect. Currently they are only having an impact on intra-Europe and Asia-to-Europe routes, but could spread to westbound traffic. Panjiva data shows the U.S. has been a source of export growth for Spain, with a 33% increase in the past 12 months. Panjiva’s analysis of consignees for Spanish exports to the U.S. shows Ford Motor and plastics manufacturer DAK have the largest exposure, while the largest shippers on the route are MSC, Maersk and Hapag Lloyd.
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