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Carrier Rankings News

05 Oct 2016

Top 5 Carriers to Dominate Container Shipping, Says Drewry

If both APL and UASC are included within their new parents, the top five ocean carriers now control approximately 54 percent of the world’s containership fleet, says Drewry. In 2015, the top 10 carriers were close to controlling 90 percent of the market. It is conceivable that at some point in the future further concentration will see 90 percent of the Asia-North Europe market being controlled by just five competitors, at which time the carriers will have much greater pricing power than they did in the past. Drewry said in its Container Insight Weekly that in addition to Hanjin Shipping, whose global presence was over, other brands that have effectively disappeared from the upper echelons of carrier rankings this summer included China Shipping Container Lines after its merger with Cosco…

04 Oct 2016

Is Container Shipping World Shrinking?

Drewry says that the container shipping world is shrinking as M&A and carrier failures increase. Is reduced competition the real cost of low rates? The container shipping world is getting smaller. Hanjin Shipping may continue as a regional Intra-Asia carrier if its survival plan is successful but its days of being a leading global player in the Top 20 are over. Other brands that have effectively disappeared from the upper echelons of carrier rankings this summer include China Shipping Container Lines (CSCL) after its merger with Cosco, while APL and UASC are now merely sub-brands within larger companies after deals with CMA CGM and Hapag-Lloyd respectively.

02 Feb 2012

Container Carriers Set Reliability Record

(Source: Drewry)

Container service reliability reached a new high in the final quarter of 2011 with an on-time average of 69% across all the trades covered by Drewry’s Schedule Reliability Insight report, just published. The latest result was up by 6 percentage points over the previous quarter, meaning that schedule reliability has improved for three consecutive quarters, a feat only equalled once before between 4Q08 and 2Q09. Despite the positive results, the report points out that when the previous record of 68% was set in the second quarter of 2009 there followed a sharp deterioration in reliability.