Maersk Wins, COSCO Loses as China Tariffs Have a Minimal Effect on Liners’ Volumes — Panjiva
Más

Panjiva_research_logo

Maersk Wins, COSCO Loses as China Tariffs Have a Minimal Effect on Liners’ Volumes

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

The peak shipping season got off to a strong start for container-lines on U.S.-inbound routes with an 8% rise in handling to reach a record 2.5 million TEUs. China wasn’t the biggest driver though with a 5% increase in imports as an initial round of duties took effect but a larger package loomed. Maersk and MSC grew quickest at 18% and 15% respectively while their new partner ZIM Shipping also saw a 15% improvement. The worst performers included ONE (down 4%) and COSCO Shipping (9%). The latter was notable given the recent completion of its purchase of Orient Overseas. The two combined s...

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.