The G6 Alliance of carriers lags well behind its competitors in terms of capacity provided on the westbound Asia-Europe lane, according to the latest World Liner Supply Report from American Shipper
affiliate ComPair Data
The alliance, composed of the New World and Grand alliance members, operates 14.6 percent of capacity on the trade, less than that of other alliances formed in late 2011 for service between Asia and Europe.
On the westbound Asia-Europe trade, Maersk Line is the single largest operator, with 23.3 percent of allocated capacity, but trails the alliance between Mediterranean Shipping Co. and CMA CGM, which jointly control 25.1 percent. The CKYH-Evergreen partnership on the trade provides another 21 percent. It’s notable as well that CKYH member COSCO shares slots with China Shipping on the trade.
On the transpacific, the CKYH Alliance is the largest provider of capacity at 27.4 percent, with the New World Alliance next at 16.9 percent, and the Grand Alliance third at just under 15 percent. Maersk Line has 10 percent, Evergreen Line 8.7 percent, and MSC 8.3 percent.
In terms of the capacity, the second quarter World Liner Supply Report shows that weekly westbound transpacific allocated capacity to the west coast of North America rose 8.2 percent in the second quarter from 229,492 TEUs on April 1 to 248,287 TEUs on July 1.
It rose 18.4 percent to 90,971 TEUs on all-water services from Asia.
On the westbound Asia-North Europe trade, weekly allocated capacity rose 8.7 percent over the second quarter to 234,413 TEUs, while it increased 2 percent on the Asia-Mediterranean lane to 117,275 TEUs,
Weekly allocated capacity on the eastbound transatlantic trade grew 1.8 percent to 100,401 TEUs, including a small drop off in capacity to Northern Europe and an 8.6 percent increase to the Mediterranean. Westbound, it grew 2.8 percent to 103,054 TEUs.
During the second quarter, there was a 7.1 percent increase in weekly allocated from Asia to South America to 54,579 TEUs, and a 5.4 percent increase from South America to Asia to 64,746 TEUs.
The only trade to see a drop in allocated capacity over the second quarter was between South America and North America, which declined in both directions – by 3.1 percent northbound to 36,958 TEUs, and by 7.6 percent southbound to 47,458 TEUs.
The quarterly World Liner Supply Reports are designed to help ocean carriers, non-vessel-operating common carriers, freight forwarders, shippers, ports and analysts monitor competition and capacity trends in liner shipping. The report tracks on a quarterly basis how capacity moves on 30 individual lanes operating between Asia, Europe, North America and South America.
WLS reports are downloadable in Excel spreadsheet form. The report is available at https://www.compairdata.com/Reports/index.asp
. - Eric Johnson