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Smaller owners, feeder operators keep hold of majority share of intra-Asia market

02/10/2019

THE mainline operator share of the intra-Europe, shortsea and feeder capacity has increased substantially over the last six years, Maritime Strategies International (MSI) director David Jordan told the Global Liner Shipping Asia conference in Singapore, organised by KNect365 Maritime.

The mainline operators have seen their share of the intra-Europea market rise from 59 per cent to 66 per cent.

"In contrast shortsea and feeder operators have lost market share dipping from around 41 per cent in January 2013 to just around a third in August this year," Mr Jordan was quoted as saying in a report by Seatrade Maritime News, Colchester, UK.

He said this had been caused by a combination of some shortsea players losing market share and others closing down altogether.

However, it's a different story in the fast growing intra-Asia market where the intra-regional and feeder operators have maintained a majority of the market, although the mainlines have expanded their market share.

Mr Jordan said that capacity in the intra-Asia market has risen by 40 per cent over the last six years to two million TEU.

"Mainline operator share has increased from 32 per cent to 38 per cent, which is a relatively modest increase and is largely due to the shortsea and feeder operators on the intra-Asia market really maintaining their share of capacity," he explained.

Source : shippingazette.com