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Automotive Industry
Industry: Email Alert RSS FeedSpecialization limits carrier competition.
Automotive News Europe, July, 2005 by Snyder, Jesse
Byline: Jesse Snyder
Seven players split most of the world's car-carrier capacity. But cross ownership and areas of specialization limit the competition even further.
The primary split is between deep-sea operators, which move cars between continents, and short-sea specialists, which move cars shorter distances.
Among European ports, United European Car Carriers dominates northern Europe and Baltic Sea routes.
Italy's Grimaldi handles most Mediterranean traffic.
"We're No. 3 globally with something less than a 30 percent market ...
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