Drewry: Rivals fear German-Chilean container merger
Even though Hapag-Lloyd and Chilean CSAV are not the biggest players on the routes from Europe to the South American east coast, their impending merger does seem to intimidate some competitors, says Drewry.
BY OLE ANDERSEN
The planned merger between Hapag-Lloyd and Chilean CSAV has allegedly already intimidated several rivals on the routes from Europe to the east coast of South America. Even though the two carriers are not particularly big on this trade, the announced collaboration - according to Drewry - looks to be one of the explanations for the increasing fight for market shares on the important reefer routes.
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