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Home Shipping Trends

MSC fortifies its position in Europe-North America trade

Editor by Editor
3 years ago
Reading Time: 1 min read
Europe-North-America-trade
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On 1 June, Alphaliner counted 205 container ships deployed between Europe (North Europe and the Mediterranean) and North America (Canada, US East Coast, US Gulf, Mexico and US West Coast).

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These 205 ships represent a total capacity of 1.14 Mteu, equivalent to a year-on-year increase of 13.7%.

A more detailed survey of the capacity changes per carrier shows a meteoric rise for MSC (+28.7%), which was already by far the biggest carrier on the trade.

MSC has been the main driver of Europe – North America trade growth, especially over the last few months.

To put things in perspective: 138,100 teu slots have been added to the Europe – North America fleet since 1 June 2021.

MSC’s Transatlantic fleet growth in that same period equals 112,800 teu.

This week, the Geneva-based carrier which currently already controls 44% of the total fleet capacity deployed between Europe and North America, continued its Transatlantic push by launching yet another standalone loop between North Europe, Freeport (Bahamas) and Mexico.

Source: Alphaliner 

Tags: AlphalinerAsia tradeglobal shipping fleetglobal tradeshipping alliancesshipping routesTop shipping carrierstrade routes
Editor

Editor

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