Non-alliance lines increase share on Asia-Europe trade

Date Added: 12 March 2024

Non-alliance lines increase share on Asia-Europe trade

Davies Turner notes that the market share of non-alliance liners operating in the Asia-Europe trade lane has doubled in the space of one year, according to a report report on the Splash247 website.

With our comprehensive network of international container shipping services, including LCL and FCL import and export operations, we note that new data from Alphaliner looks at the array of smaller brands that have come to fill the gap left by global liners who have quit serving Russian markets. Carriers such as Newnew Shipping, OVP Shipping, Safetrans, FESCO, Akkon and CStar have emerged to double the non-alliance liner footprint over the past 12 months.

The report indicates that boxes shipped by companies on the trade lane outside the three mega alliances have jumped from 154,600 teu to 308,300 teu, accounting for around 5 percent of the route's market share.

This also includes the 1.2 percent market share of the fast-expanding ZIM. Another rapidly growing carrier is SeaLead Shipping, 12 data shows. It has a market share of 1 per cent after growing its Asia-Med fleet by 40.6 percent year on year to 61,400 teu. As the alliance members operate another 344,000 teu for their own account on ad hoc sailings or standalone services, the combined market share for 2M, Ocean Alliance and THE Alliance now stands at 89.7 per cent, down from 95.6 per cent a year ago.

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