Cheap tonnage intensifies competition on intra-Asia

The big container carriers along with established and new local carriers find themselves in fierce competition on the already jammed intra-Asian container market, says Drewry.

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.

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