Eldorado Provides a Golden Opportunity in Brazil for COSCO Shipping — Panjiva
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Eldorado Provides a Golden Opportunity in Brazil for COSCO Shipping

Ags - Forestry 130 Ags - Meat/Dairy 259 Brazil 403 Corp - Shipping 997 Materials - Chemicals 258 Mode - Containerized 1495 Mode - Seaborne 1823

COSCO Shipping is expanding its services between the Far East and Brazil. That comes despite a lackluster growth in bilateral shipments between Asia and Brazil of just 3.4% year over year in the 12 months to May 31. There has been a pickup more recently though with exports having expanded by 13.4% in the three months to May 31. The fastest growing sector has been pulp and paper where exports by Eldorado grew 39.7% year over year in the past three months and those by Klabin jumped 65.7%. Similarly Braskem’s chemical exports climbed 23.7%. Food exports have been in decline though following...

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