South America next battleground in container price war

Trades from the Far East to South America can look forward to a massive capacity influx in July, says Alphaliner. South America will likely be the next battleground in the container carriers' price war.
Photo: Hapag-Lloyd
Photo: Hapag-Lloyd

Container carriers will likely get a new battleground on which to carry out the current price war in the sector. A reorganization of the existing container alliances on the Far East-South America means that the weekly capacity on these services will increase by 11 percent, from 70,500 teu in June to 78,000 teu by late July, according to Alphaliner.

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