Wednesday, 07 October 2020 / Published in Blog

Top-25 Container Liner Operators

The 1 October 2020 Top 25 Container Liner Operators (by parent or main company, including subsidiaries and affiliates) control 92% of the existing world container capable fleet deployed in liner services. This is a rise of 3% compared to the previous quarter, due to putting idle ships back into service and the delivery of a number of 24,000 TEU giants to HMM. The share of the global orderbook continues to go down, and is now a historical low 8%. With regard to carriers, Arkas fell out of the Top-25, being replaced by RCL, and is now number twenty-six. Number ten is now ZIM, which overtook PIL by a minimal margin.

Top-25 October 2020 compared

Comparing the present Top 25 with one year ago shows that HMM and Unifeeder have nearly doubled their fleets. Whilst HMM grew organically, through the construction of twelve ships of 24,000 TEU, Unifeeder obtained the extra capacity through the purchase of Feedertech and Transworld Feeders. Other fast risers were Global Feeder Shipping (+43%), Matson (51%) and Sinokor (+35%), the latter after buying Heung-A.

 

Reposting from Dynamars, 07-10-2020

Friday, 24 April 2020 / Published in Blog

China’s 1Q20 Port throughput down by 8.5%

In the difficult first three months of this year, ports in China handled 55.2 million TEU, a decline of 8.5% year-on-year. Some 49.3 million TEU (-8%) was routed via sea ports, whilst 5.8 million TEU (-11%) was handled by river ports. It should be noted that sea ports also handle (substantial amounts) of river cargo and some river ports also handle seagoing containers. The below table comprises the country’s twenty-five largest seaports. Many of them saw volumes go down by double-digit percentages, with stiff declines for the major ports of Dalian (-27%), Shenzhen (-12%), Yingkou (-16%), Guangzhou (-10%) and Shanghai (-10%) in particular. With declines of less than 10%, or even an occasional rise, Ningbo (-8%), Xiamen (-6%) and Qingdao (+2%) fared better.

Although most river ports are restricted to handling inland barges, a few also cater for (international) seaborne trade. The largest such port is Suzhou, which comprises Taicang and Zhanjiangang. It handled 1.27 million TEU (-19%). Other major river ports also involved in sea trade are Jianying, Nanjing and Nantong, but their seagoing volumes are substantially smaller. The latter outlet actually saw its volume go up by almost 30%.

Reposted from DynaLiners, 24-04-2020

Friday, 03 April 2020 / Published in Blog

Carrier 2018 Financial Performance Overview

In the current situation, the overview of the carrier’s results reads as a history book. In general, with the usual exception of HMM and Yang Ming, the outcomes of the main carriers are quite good. For some, the results are very much affected by bookkeeping gains (Cosco Shipping) or losses (Maersk). As usual, SITC and Wan Hai managed to perform very well, as did, after several rounds of consolidation, Hapag-Lloyd. However, with the corona crisis in full swing, for 2020, the situation will be entirely different. Obviously, past performance is no guarantee for future results.

Ten carriers provided enough information to calculate revenues and operating profit per TEU carried. An overview shows that in 2019 most carriers posted
revenues per TEU in line with or slightly higher than those of the year earlier. HMM and Yang Ming were the only ones who did not earn enough to even cover
their operating expenses.

Reposting from DynaLiners, 03-04-2020

Monday, 03 February 2020 / Published in Blog

Top-25 container liner operators

The 1 January 2020, Top 25 Container Liner Operators (by parent or main
company, including subsidiaries and affiliates) control 91% of the existing world
container capable fleet deployed in liner services. The share of the orderbook
amounts to just 10% of the existing fleet, its lowest level in years. Compared to
one year ago, following its takeover of Feedertech, Unifeeder entered the
ranking, at the expense of Salam Pasific. The Top-12 is the same as last year with
only some (smaller) changes in the lower regions.

 

Reposting from Dynaliners, 03-02-2020