To the concentration of the shipping business in ten major shipping companies through mergers or load-sharing agreements, substantially reducing the current overcapacity, shipping companies, to improve their profitability, raise freight rates, will call fewer ports and use increasingly terminals operated by its affiliates, without leaving much room for manoeuvre to the users.
Tagged: APM Terminals
Port operators belonging to shipping lines are making alliances among themselves and with traditional multinational operators (that with reason are defending the space gained on the market), approaching among all 50% of the world market and gradually reducing the space to national operators. Is this oligopoly suitable for trade?
Join the big shipping lines and port operators belonging to these also. Will take over these world business in the medium term?
This agreement adds to that recently made ICTSI and PSA in the port of Aguadulce in Colombia, a trend similar to the shipping lines that are joining with their competitors.