Asia losing big-time to Europe on container transport

Since 1989 the European container carriers have occupied an increasingly bigger part of the global market, while the Asian carriers' share declines correspondingly.

The Asian container carriers among the global Top 20 are losing ground to their European competitors.

According to analysts SeaIntel, the Asians have lost a combined market share of around 10 percent to European carriers, and this gap looks set to grow even further if Hapag-Lloyd's acquisition of Chilean CSAV and Hamburg Süd's acquisition of CCNI are completed. This would give the European container carriers on the Top 20 a total market share of 55 percent.

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