Top 30 Ocean Carriers 2021: Pricing heads up as shippers fight for space

Shippers relying on maritime operators to get their goods to market have been slammed in recent months. Meanwhile container carriers are looking at 50%-plus percentage gains in revenue.

Shippers relying on maritime operators to get their goods to market have been slammed in recent months. Meanwhile container carriers are looking at 50%-plus percentage gains in revenue.

The extreme consolidation within the ocean container sector we reported at this time last year has only intensified, say analysts for the Paris-based consultancy Alphaliner.

The top 10 carriers now operate 85% of global shipping capacity. Four groups—Maersk, MSC, CMA CGM and COSCO—control more than half of capacity (58%), and the top seven, including Hapag-Lloyd, ONE and Evergreen, control 78%. This base level of fleet concentration is then greatly enhanced by the existence of three vessel-sharing alliances on the mainline East-West trades—2M, the Ocean Alliance and THE Alliance—that count nine of the top 10 liner groups as members.

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written on October 13, 2021

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