The big container carriers are not only consolidating on the east-west routes between Asia and Europe. The same development can be seen on the north and south-bound routes, where shippers are facing a decreasing number of weekly services, says analysts Drewry in its latest Container Insight Weekly.
Hapag-Lloyd is just the latest example of a major carrier reducing its number of sailings between Northern Europe and the South American east coast, and this also illustrates the fact that the smaller niche carriers are not the only ones struggling.
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