Maersk market share down 2pc but average ship capacity up 24pc
AP Moller Maersk's global market share has fallen from 18.2 to 16.2 per cent since it acquired Royal P&O Nedlloyd in 2005, but its average capacity per ship is up from 2,800 to 3,475 TEU, a 24 per cent increase, reports AXS Alphaliner-News.
The APM Maersk fleet, combining Maersk Line, Safmarine and APMSS, has risen by 13.5 per cent during this 22 months period, from 1.59 million TEU to 1.81 million TEU despite the number of ships being cut from 568 to 520.
At the same time, the MSC fleet increased by 56 per cent and the CMA CGM fleet by 87 per cent, with their global market shares reaching 10.1 per cent and 7.2 per cent respectively.
During this same period, the total fleet effectively deployed on liner trades has surged 27 per cent from 8.76 million TEU to 11.15 million TEU.
Over the past 22 months, AP Moller-Maersk has mostly replaced ships of under 4,000 TEU while taking delivery of 18 ships of more than 8,000 TEU.
AXS-Alphaliner attributes the change in the AP Moller-Maersk fleet to the consolidation of the former P&ON services with the former Maersk-Sealand ones. For the last 12 months, Maersk has opted for the hub-and-spoke system for north-south trades, including ANZ ones, while terminating direct links it inherited from P&O Nedlloyd, which deployed 2,000- to 3,000-TEU ships.
The opening of new direct links employing ships of 3,000- to 5,000-TEU, such as Asia-Turkey-Black Sea, or Chennai-Atlantic-USA, or Karachi-USA, or FE-Aqaba, has helped the company save on feeders. Regional feeders of both companies have been merged, with the number of ships roughly stable while their average capacity grew strongly, the report said.
The APM Maersk fleet, combining Maersk Line, Safmarine and APMSS, has risen by 13.5 per cent during this 22 months period, from 1.59 million TEU to 1.81 million TEU despite the number of ships being cut from 568 to 520.
At the same time, the MSC fleet increased by 56 per cent and the CMA CGM fleet by 87 per cent, with their global market shares reaching 10.1 per cent and 7.2 per cent respectively.
During this same period, the total fleet effectively deployed on liner trades has surged 27 per cent from 8.76 million TEU to 11.15 million TEU.
Over the past 22 months, AP Moller-Maersk has mostly replaced ships of under 4,000 TEU while taking delivery of 18 ships of more than 8,000 TEU.
AXS-Alphaliner attributes the change in the AP Moller-Maersk fleet to the consolidation of the former P&ON services with the former Maersk-Sealand ones. For the last 12 months, Maersk has opted for the hub-and-spoke system for north-south trades, including ANZ ones, while terminating direct links it inherited from P&O Nedlloyd, which deployed 2,000- to 3,000-TEU ships.
The opening of new direct links employing ships of 3,000- to 5,000-TEU, such as Asia-Turkey-Black Sea, or Chennai-Atlantic-USA, or Karachi-USA, or FE-Aqaba, has helped the company save on feeders. Regional feeders of both companies have been merged, with the number of ships roughly stable while their average capacity grew strongly, the report said.