Hapag-Lloyd has teamed up with Norsul Navegacao to form a new operator in the Brazilian cabotage trades.
The 50:50 partnership, called Norcoast, will offer container cabotage and feeder services in ports from the first quarter of 2024.
Chief executive Gustavo Paschoa is a veteran of the Brazilian cabotage trades who has worked in senior management positions with Rio de Janeiro-based Norsul and other logistics companies.
