Ocean Carriers: Marginal Impact from Capacity Cuts
Total container capacity supply by ocean carriers on the three main east/west shipping trades rose by an average of 5 percent in 2001 despite the recent attempts of several carriers to remove excess capacity, according to a report released this week by ComPair Data Inc., a global ocean shipping research and information technology firm based in Jacksonville, Fla. Several ocean carriers in the transpacific and Asia/Europe routes made capacity cut-backs in the last three months of 2001, according to the January 2002 World Liner Supply report from ComPair Data, leading to an average 1-percent reduction in east/west capacity. But those reductions did not outweigh the addition of substantial new vessel capacity early last year or the ongoing expansion of other carriers…
Ocean Carriers Get Marginal Impact From Capacity Cuts
Total container capacity supply by ocean carriers on the three main east/west shipping trades rose by an average of five percent in 2001 despite the recent attempts of several carriers to remove excess capacity, according to a report released this week by ComPair Data Inc., a global ocean shipping research and information technology firm based in Jacksonville, Fla. Several ocean carriers in the transpacific and Asia/Europe routes made capacity cut-backs in the last three months of 2001, according to the January 2002 World Liner Supply report from ComPair Data, leading to an average 1-percent reduction in east/west capacity. But those reductions did not outweigh the addition of substantial new vessel capacity early last year or the ongoing expansion of other carriers…
Transpacific Vessel Capacity Resumes Growth
Total vessel capacity supply by ocean carriers on the transpacific trade has started increasing again, according to a report released this week by ComPair Data Inc. Weekly eastbound transpacific capacity expanded by 2 percent between January and April 2002, to 201,000 TEUs, while the latest capacity count also represents a 4-percent increase when compared to April last year. of 100 in April 2001) Carriers/carrier group April '01 July '01 Oct. '01 Jan. Several ocean carriers on the transpacific route made capacity cut-backs in the last three months of 2001, but this trend has now stopped, the April 2002 World Liner Supply report from ComPair Data shows.
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.
