News / Black Sea offers potential for secondary box trades, but the 2M dominates already

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Container lines looking for secondary trades with promising growth potential could turn their attention to the Black Sea region.

New research shows that box volumes handled in Ukraine, Russia, Romania, Bulgaria and Georgia last year grew 10%, to just under 2.5m teu.

However, those looking to win market share will have to fight Maersk and MSC, which together carry almost half the region’s boxes.

Ukrainian research firm Informall’s annual review of the Black Sea container trade found that loaded container traffic grew at each ...