Report: Three Carriers Dominate TransAtlantic Trade
Three new carrier groups now control 58% of the total capacity in the transatlantic container trade, according to World Liner Supply, a new quarterly report from the compairdata.com on-line shipping database. The fourth quarter 2000 issue of World Liner Supply shows that the merger of services and the combination of smaller carrier groups has led to a substantially higher market concentration in the North America/northern Europe container trade. In July, the three largest groups of transatlantic carriers (Grand Alliance, Maersk Sealand and Canada Maritime/Cast/OOCL) controlled 44% of the total trade capacity. As of this month, the three biggest carrier groups (Grand Alliance/Lykes/TMM…
Carriers Add Capacity in Asian Trades
Jacksonville, Fla. 298,0000 TEUs a week on Jan. week at the beginning of 2004. percent to about 217,000 TEUs a week on Jan. TEUs in January of last year. the growth of cargo volumes in these two trades. expected to have grown by about 17 percent. of ships in both trades at the same time," said Hayes H. of ComPair Data. added. January, has been modest. trades have attracted most of the additional capacity. January 2005, according to ComPair Data. vessel capacities in the transpacific and Asia-Europe trades. On Jan. transpacific trade on 79 joint or individual liner services. date, 433 vessels were deployed on 50 services in the Asia-Europe trade. carriers and their ships operating on 12 major trades worldwide.
Over-capacity builds up in transpacific container trade
The addition of substantial new vessel capacity is widening the gap between supply and demand in the transpacific container trade, according to World Liner Supply, a quarterly reporting service of the ComPairData global liner shipping database. The results of the July 2001 World Liner Supply survey show that transpacific shipping lines have expanded capacity by 9 percent between July 2000 and July 2001, despite the slowdown in trade volumes. Total trade capacity has risen to slightly over 205,000 TEUs a week (equivalent to a yearly one-way capacity of 10.7 million TEUs) this month, from about 189,000 TEUs a week (equivalent to 9.8 million TEUs).
