Hyundai May Move More Through Mobile Once Access Improves — Panjiva


Hyundai May Move More Through Mobile Once Access Improves

Corp - Ports 661 Corp - Shipping 608 Mode - Containerized 1005 Mode - Seaborne 1273 U.S. 3297

The Alabama Port Authority has secured $400 million for a channel widening project to improve throughput at the port of Mobile. That follows a 10.7% year over year increase in inbound volumes to the port in 2018 as shipments from Maersk and MSC, which represented 50.0% of shipments, CMA-CGM and ZIM Shipping steadily improved. CMA-CGM will likely push more volumes through the port in 2019 as a result of new service offerings. The deeper channel will be able to receive larger vessels from Asia via the Panama Canal. Leading importers to Alabama that don’t use Mobile for all their shipping i...

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.