ShippingWatch

SeaIntel: Hidden values worth USD 250 million in Europe's feeder market

It is a costly exercise when major carriers transport small cargo volumes to smaller ports and thus achieve a low fleet utilization, according to an analysis which points to major savings by leaving feeder transports to other players.

Photo: Århus Havn

The major deep-sea container carriers can make huge savings by combining their cargo and using the smaller European feeder carriers which sail to smaller, but important ports. In a study, SeaIntel Maritime Analysis suggests that there are hidden values in the European feeder market for around USD 250 million per year.

The explanation is that even the major carriers often transport relatively small volumes of cargo to smaller ports. Meanwhile, their freight volumes vary significantly from week to week, weakening the utilization rate of the major carriers' own vessels.

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
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs