Hapag-Lloyd switches from Miami to Port Everglades
Germany’s Hapag-Lloyd is this month switching calls in South Florida from Miami to Port Everglades on two services connecting the United States with the Mediterranean and the East Coast of South America.
The Mediterranean Gulf Express (MGX) service has a sailing frequency of every eight days and uses six ships averaging about 3,300 TEUs. It will have a revised rotation of Masaxlokk, Malta; Gioia Tauro; Livorno; Genoa; Barcelona; Valencia; Port Everglades; Houston; New Orleans; and back to Masaxlokk.
Zim, Compania Trasatlantica Espanola and Chilean carriers CCNI, CSAV all take slots on the MGX.
The U.S. Gulf-South America East Coast Loop 1 (GS1) is a joint weekly service between Hapag-Lloyd and CSAV subsidiary Libra-Montemar and uses six ships of about 3,700 TEUs.
The GS1 will now call: Veracruz, Mexico; Altamira, Mexico; Houston; New Orleans; Port Everglades; Caucedo, Dominican Republic; Santos; Paranagua; Buenos Aires; Rio Grande; Itajai; Santos; Rio de Janeiro; and Veracruz again.
Port Everglades expects the new services to increase its containerized cargo volumes by 61,000 TEUs each year, raising its annual throughput by about 8 percent annually to just over 925,000 TEUs.
The port anticipates revenue from the services to reach $2 million in the first year and grow to $2.7 million annually within five years.
'This move by Hapag-Lloyd further solidifies Port Everglades' standing in the South American market and boosts our growth in the Mediterranean,' said Phillip C. Allen, port director. 'Port Everglades already handles 15.6 percent of the South American market share in South Florida. This move supports a significant increase in market share.'