The world’s three largest container carriers, Maersk Line, MSC, and CMA CGM, stand to win the Pacific market, the British analysis firm Drewry estimates. According to Drewry, this is due to the fact that the carriers have put in tonnage which provides large-scale operation advantages, which they can employ to pressure other players participating in the ongoing eastbound rate war on the Pacific.
“Recent vessel deployment in the transpacific by Maersk Line, MSC, and CMA CGM suggests a clear focus on economies of scale. Instead of trying to be ‘all things to all people’, their strategy appears more directed towards only calling at ports where their ships have a clear competitive advantage. Gone are the days of trying to appeal to all customers at all times on a ‘swings and roundabout’ basis, particularly those wanting to reduce the number of service providers employed, and in has come more careful transpacific cargo selection,” Drewry writes in its analysis.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Celsius Shipping slows a bit down after record year in 2021
Last year was the busiest to date for Celsius Shipping. Purchase and sale of ships have occurred at a slower pace this year, but Chairman Jeppe Jensen still deems 2022 a year with ”good activity.”
HHLA advances despite chaotic market
Port company Hamburger Hafen und Logistik has seen much progress this past half year despite ”major operational challenges” on a volatile market.
Borr Drilling seeks capital in the US
Tor Olav Trøim’s Borr Drilling searches for capital in the US and plans to issue shares on the New York Stock Exchange, a company statement reveals.
Persistent Svitzer spat set to end in Australian labor court
Maersk-owned carrier Svitzer and three Australian labor unions have been negotiating new work conditions for years, until the tugboat operator asked Australia’s Fair Work Commission to end the dispute.
Ten people arrested for illegal fuel trade in Singapore
The Singaporean police suspects ten persons of having made illegal dealings with ship fuel. The ten people have been arrested as well as charged with fraud and handling stolen goods.
Assistant Fleet Superintendent 
Operations Controller – Weco Tankers 
Senior Associate – Group Strategy Office 
Experienced Bunker Trader - Tønsberg/Oslo 
Bunker Trader - Copenhagen 
Head of Airfreight 
Legal secretary for Shipping / Offshore / Transportation 
A lawyer (chief consultant) is wanted for People & Culture 
Operations Manager for B-Gas A/S in Copenhagen 
Adm. Director of Svendborg District Heating 
Logistics coordinator with responsibility for our shipping activities