Two terminal giants pull far ahead of the competition

The major global container companies, including APM Terminals and DP World, finished the past year with weaker growth in a market characterized by increasing consolidation, SeaIntel writes. Hutchinson and China Merchants Holdings pull ahead.

Photo: London Gateway

The port and terminal sector is becoming increasingly dominated by fewer, but bigger, companies which handle growing volumes in a market hit by low global growth and declining rates along with the rest of the shipping industry. The sector noted a much weaker growth in 2015 than in previous years.

SeaIntel took a closer look in a new analysis of the performance in 2015 at the largest port companies. This was a year affected by overall low growth rates and an increasing concentration of volumes for the largest players.

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