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Home Ports and Terminals

Asia–North America container trade up 13.9%

Editor by Editor
4 years ago
Reading Time: 1 min read
Container trade
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Weekly capacity in the Asia–North America container trade has increased by 13.9% since the beginning of the year.

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Despite the noise around their activities, the Transpacific services launched by recent newcomers have only marginally contributed to this capacity increase.

Meanwhile, the members of the three mega-alliances still had a joint market share of 88.6% on 1 August, which compares to 91.5% at the beginning of the year.

The position of the three big alliances on the Asia – Europe trade also remains unchallenged.

While new players in the market have started offering two Far East-North Europe sailings per month with Panamax ships of 4,400 TEU, this only represents 0.5% of the total offering on this trade.

Nevertheless, the expansion of certain Chinese regional carriers on these East-West trades remains impressive. One company increased its capacity from 8,225 TEU on 1 January to 54,786 TEU and climbed over 50 steps in the Alphaliner Top 100 ranking.

Source: Alphaliner

Tags: AlphalinerContainer tradeNorth America container tradeshipping alliancesshipping lanes
Editor

Editor

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