Maersk at top spot in trans-Pacific

According to the latest report from Alphaliner, the CMA CGM and COSCO shipping lines have been surpassed by AP Moller Maersk as largest tonnage operator in the trans-Pacific.

The 2M Alliance partners Maersk and Mediterranean Shipping Company (MSC) have been the fastest growing carriers in the Asia-North America container tradelane survey along the trans-Pacific, although none of the new standalone loops were part of the Alliance.

According to Alphaliner’s weekly survey, the hold of the 3 alliances – 2M Alliance, Ocean Alliance and THE Alliance – in the trans-Pacific has fizzled out to 67.7% with a 14.5% dip, due to many global carriers’ decision to go solo, along with specialized carriers entering the trans-Pacific area. Copenhagen-based Sea-Intelligence has also been looking at the transpacific trades recently noting the regular influx of smaller vessels over the past year.

On the Asia-North America west coast route, Sea-Intelligence saw a considerable decrease from a pre-Covid baseline of 6,000 to 6,500 TEU to just under 4,500 TEU in 2022. The same was the case on Asia-North America east coast, with the figure dropping from a 2020 baseline of 7,500 to 8,000 TEU to just over 6,000 TEU in 2022.

In 2015 Maersk Line and MSC launched the 10-year 2M Alliance vessel-sharing agreement on the Asia-Europe, trans-Pacific and trans-Atlantic trades, in an effort to better utilize their combined capacity. The arrangement, which includes a series of slot exchanges and slot purchases on East-West routes, also involves Maersk Line and MSC taking over a number of charters and operations of vessels chartered to Hyundai Merchant Marine (HMM).

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