Hapag-Lloyd Flexes Brazilian Market Share Muscle To Increase Rates — Panjiva
Más

Panjiva_research_logo

Hapag-Lloyd Flexes Brazilian Market Share Muscle To Increase Rates

Brazil 260 Corp - Shipping 608 European Union 406 Mode - Containerized 1005 Mode - Seaborne 1273 Theme - Rates 141

Hapag-Lloyd has announced rate increases of 21% to 23% for North Europe to South America East Coast (SAEC) routes. That comes against the backdrop of wider rate increases across the industry as the container-lines seek to recover higher costs. Hapag-Lloyd’s pricing power on lanes into Brazil may also be helped by the high degree of consolidation following its tie up with CSAV and Maersk’s purchase of Hamburg Sud. The top three shippers (including Maersk’s 2M Partner MSC) accounted for 86% of Europe-Brazil containerized traffic in the past 12 months, up from 66% in the same period three y...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.