Cabotage shipping resumes growth
Nov, 03, 2021 Posted by Ruth HollardWeek 202142
Based on figures sent by its members, a quarterly survey by ABAC (the Brazilian association of cabotage shipowners), shows a recovery in the cabotage market in the third quarter of 2021 (July/August/September) from the slight fall that occurred in the previous year due to the pandemic and has begun resuming the regular growth seen in previous years. Container handling grew 21.5% compared to the previous year’s 3rd quarter, and the YTD figure has already surpassed the 1 million TEU mark, of which 900,000 TEU of from cabotage transport alone.
“We found that the 21.5% increase in this last quarter (compared to Q3 2020) was driven by feeder loads, which rose 47.9% compared to 2020, and by Mercosur, which rose 55.4%. But in there was a 2.8 decrease in Brazil, certainly due to the economic downturn”, says Luis Resano, Executive Director of ABAC. He adds that YTD handling increased by 17.7%, due to domestic 7.2%, feeder 47.9%, and Mercosur 21.5%.
-
Ports and Terminals
Feb, 01, 2023
0
Santos Port may be privatized this year, says Tarcísio
-
Sep, 06, 2023
0
AAPA LATAM Announces Collaboration with World Bank
-
Meat
Nov, 08, 2022
0
Wilson Sons sends 1st beef shipment to Russia from Tecon Salvador
-
Ports and Terminals
May, 29, 2019
0
DOCAS employees suspend strike