News / Maersk retreats as Brazil's imports drift away, leaving no containers for exports

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Weak import volumes have left Brazil without the necessary empty containers to fulfil export potential, trapping it in a Catch-22 situation that will hinder long-term economic growth.

This is the view of Antonio Dominguez, MD of Maersk Line’s east coast South America cluster, who said carriers could no longer be expected to carry the burden of such inefficiencies.

Since 2007, Maersk has invested over $8.5bn in Brazil – on new ships, terminals, in the oil and gas market, and on training – more than three times its investment ...