SeaIntel: Maersk Line and Hapag-Lloyd face crucial decision

Box carriers Maersk Line and Hapag-Lloyd will soon have to decide whether to order new ships in order to avoid losing market share to peers such as Cosco, or whether to opt for a different strategy.

BY OLE ANDERSEN

Published: 27.03.18 at 11:35

Maersk Line and Hapag-Lloyd will soon face a crucial decision. The two liner companies must decide to either order new ships to not lose market shares in the years to come, at the risk of further destabilizing the market.

Or they must decide on a strategy that makes profitability the top priority in a market where they have to forfeit market shares, concludes analyst firm SeaIntel on the basis of the liner companies' current order books, where big differences between the individual companies will lead to significant shake-ups in market shares, the number of chartered vessels or newbuild orders.

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Container reliability hit new low at the end of 2021

Foto: Christina Sabrowsky/AP/Ritzau Scanpix

Schedule reliability in the container industry set a new negative record in December 2021 with one route in particular hit hard with an on-time arrival rate of only 10 percent, show figures from Sea-Intelligence. Problems in supply chains are still ”a huge burden,” says Hapag-Lloyd.