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Home Shipping Trends

Most Transatlantic top 10 carriers have reduced capacity

Editor by Editor
8 months ago
Reading Time: 1 min read
Transatlantic-top-10- carriers
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The cellular fleet engaged in dedicated Transatlantic liner services between North Europe/Med and Canada, the US and Mexico, has decreased by 8.2% year-on-year. Almost 91,100 teu slots were removed from the trade. The reduction is not only the result of the closure of a few loops, but also due to the replacement of large ships by smaller units.

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CMA CGM (-30.9%) and COSCO SHIPPING Lines (-22.7%) have percentagewise withdrawn the most tonnage from the North Atlantic. The two carriers last August closed their joint Med – US Gulf – Mexico “MEDGULF / MDX” loop.

Evergreen normally also provides one ship to the Ocean Alliance ‘TAT2’, but temporarily withdrew the 9,466 teu EVER LIVING in July. After filling a gap in an Asia – North Europe loop, the ship will rejoin the Transatlantic on 31 October.

Hapag-Lloyd is the only carrier which increased its Transatlantic fleet, adding 12,500 teu (+6%) over the past twelve months. The German operator in fact now deploys two more vessels on the trade.

Despite closing an East Med – USEC ‘Turkey & Greece to US’ service, MSC remains by far the market leader on the Transatlantic.

Source: Alphaliner


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Tags: AlphalinerContainer shipping
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