Maersk remains on top

APM-Maersk recorded the largest fleet growth, having added 392,000 TEU to its fleet, representing an 18 percent increase in capacity operated.
By Patrick Burnson, Executive Editor
January 06, 2012 - LM Editorial

The total container capacity of ships deployed on liner trades grew by 7.3 percent in 2011 to reach 15.90 million twenty-foot equivalent units (TEU) according to Alphaliner, the Paris-based shipping consultancy.

Almost 97 percent of this capacity is concentrated on container vessels. The cellular fleet itself grew by 7.9 percent to reach 15.40 million TEU while the small component of non-cellular ships still deployed alongside the cellular ships has seen its capacity reduced by 9.5 percent.

The Top 20 carriers tightened their grip on the liner markets as their combined share of capacity grew to 84.2 percent from 83.1 percent a year earlier. Their capacity increased by 8.7 percent over the last twelve months.

APM-Maersk recorded the largest fleet growth, having added 392,000 TEU to its fleet, representing an 18 percent increase in capacity operated. Maersk’s market share recovered from 14.5 percent at the beginning of 2011 to 16.0 percent by the end of the year, as the shipping line sought to regain the market share it had lost over the past few years (which peaked at 18.2 percent at the end of 2005 in the wake of the purchase of PONL).

“The year saw a resurgent Maersk trying to re-assert its dominance with orders for 20 containerships of 18,000 TEU, contracted in two steps in February and June,” said said Alphaliner’s commercial director, Stephen Fletcher.

“In a departure from past practice, Maersk made no attempt to hide the actual capacity of the new ’EEE’-class vessels, sending a clear signal to the company’s rivals of its intention to maintain the lead in the liner market.

Its main rivals however did not sit still either, noted Fletcher, with the second-placed MSC adding 258,000 TEU or 14 percent to its operated fleet. Only three carriers in the Top 20 (CSAV, Zim and Hanjin Shipping) logged a fleet decrease during the year, with CSAV being the main loser, shedding 200,500 TEU or 35 percent of its fleet. CSAV has lost all of its 2010 market share gains as the carrier’s capacity share shrank from 3.9 percent to 2.4 percent and its global capacity rank slipped from seventh to 14th.



About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

UPS today announced diluted earnings per share of $1.32 for the third quarter 2014, a 13.8% improvement over the prior year period. Operating profit increased 8.3%, resulting from balanced growth across all three segments.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 4.4 percent from August 2013 to August 2014 at $100.6 billion.

As expected, global trade dipped from August to September but still saw annual gains, according to data issued this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

Transportation and logistics merger and acquisition (M&A) activity in the third quarter saw annual gains, which were driven by smaller deals in the trucking logistics, shipping, and passenger air sectors, according to data issued in the Intersections report by PwC this week.

With the holidays rapidly approaching, it appears retailers are not quite done getting inventory set up and on the shelves in time for what is expected to be a fairly active shopping season. That much was evident based on recent data for September volumes issued by the Port of Los Angeles (POLA) and the Port of Long Beach (POLB).

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. Contact Patrick Burnson

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA