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    Carriers still call shots in the Mediterranean

    September 21, 2013
    SeaNews
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    Carriers still call shots in the Mediterranean

    Ocean carriers’ ability to switch transhipment traffic away from unrelated container terminals in the Mediterranean puts those facilities in a difficult negotiating position. Piraeus Container Terminal is a good example, despite Cosco Pacific being related to Cosco Group, and the facility having a strong localcargo base. A report from Drewry Maritime Equity Research

    Ocean carriers’ ability to switch transhipment traffic away from unrelated container terminals in the Mediterranean puts those facilities in a difficult negotiating position. Piraeus Container Terminal is a good example, despite Cosco Pacific being related to Cosco Group, and the facility having a strong localcargo base. A report from Drewry Maritime Equity Research

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