
Competition on the traditionally lucrative intra-Asian container market is intensifying as it becomes cheaper and cheaper to charter the smaller container ships.
According to Drewry the market is hit by a cocktail of circumstances with the big container carriers on the one side and a myriad of local carriers on the other in fierce competition for the favor of the customers. Maersk Line with its subsidiary, intra-Asian carrier MCC, has been doing well on the market for several years, though Maersk has recently stated that it is also starting to feel the competition.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app