Market Share of Latin America Stevedoring and Marine Cargo Handling Industry
A.P. Moller - Maersk, Mediterranean Shipping Co, COSCO Group, CMA CGM Group, Hapag-Lloyd, UWL, Inc, Latin American Cargo, Navios South American Logistics Inc, ONE (Ocean Network Express), Tuscor Lloyds Ltd are prominent market participants for Latin America Stevedoring and Marine Cargo Handling. The competition amongst service providers is further heightened by the strict regulatory requirements that must be met. Businesses participate in M&A transactions to develop their product lines and expand regionally.
The main factors driving this market are increased seaborne trade and rising trends like e-commerce. However, the market's expansion may be hampered by the high capital costs of cargo handling equipment and a lack of synchronization among various pieces of equipment.
Latin America Stevedoring & Marine Cargo Handling Market Leaders
A.P. Moller - Maersk
Mediterranean Shipping Co
COSCO Group
CMA CGM Group
Hapag-Lloyd
*Disclaimer: Major Players sorted in no particular order
