Brazil’s cabotage law tells local firms to go to foreign flags

Capt. John

HAPAG-LLOYD is making its foray into Brazil’s growing feeder service and cabotage trade sectors through a newly established joint venture with the Brazilian shipping group Norsul, set to commence operations under Norcoast in the upcoming year, reports New York’s Journal of Commerce. The entrance of Hapag-Lloyd into this arena has been well-received by forwarders operating in Brazil. They expect this development will enhance options for forwarders and shippers, potentially leading to more...

https://www.seanews.com.tr/brazils-cabotage-law-tells-local-firms-to-go-to-foreign-flags/198755/

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