Drewry: South Dominates Europe to US East Coast Shipping


The southbound leg of the Europe-East Coast South America trade reclaimed its dominance in 2017, according to Drewry’s latest Container Insight Weekly.

Container shipments from Europe to East Coast South America broke a three-year losing streak last year by registering its first annual growth since 2013.

The global shipping consultancy cited figures from Datamar, which revealed that the southbound trade achieved a volume increase of 12% in 2017 to reach 850,000 TEU.

Split by region of export, growth from the smaller Mediterranean market was strongest, rising by 15% to 250,000 TEU, while North Europe exports to ECSA increased by 11% to 600,000 TEU.

North Europe exports ended the year stronger than the Med, rising by 14% in the fourth quarter, versus 9%.

Drewry's Neil Davidson has explored retrofit terminal automation in his latest Port Technology technical paper

That pattern carried into 2018 with Datamar statistics for January showing buoyant growth from both regions with North Europe (+20%) just edging ahead of the Med (+17%).

Concluding its report, Drewry stated: “Momentum is currently with the inbound trade to East Coast South America, driven by improving macro-economics in Brazil and Argentina.

“However, given the overcapacity on this leg carriers will struggle to see any meaningful increase in revenue.”

Read more: Chainalytics, a global leader in supply chain consulting, and Drewry, the global shipping consultancy, have launched an ocean freight procurement solution for shippers

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