CMA CGM surpasses Maersk to become largest trans-Pacific liner company
Sunny Worldwide LogisticsIt is a logistics company with more than 20 years of transportation experience, focusing on markets such as Europe, the United States, Canada, Australia, and Southeast Asia. It is more of a cargo owner than a cargo owner~
According to Alphaliner's latest research report, in November, CMA CGM, Maersk and COSCO Shipping Group were in the leading position on the trans-Pacific route, and the capacity deployed by the three liner companies was very similar.
Specifically, Alphaliner data shows that in November, CMA CGM’s market share on the trans-Pacific route reached 13.2%, surpassing Maersk’s 13.1%, becoming the largest liner company on the trans-Pacific route. COSCO Shipping Group ranked third with a market share of 12.9%.
According to Alphaliner data, the total number of container ships deployed on the Far East-North America trans-Pacific route in November was 562, with a total transport capacity of nearly 5.4 million TEU, a year-on-year increase of 4.2% compared with November 2023. Based on this, the shipping capacity deployed on the trans-Pacific route trade accounts for 17% of the global fleet. At the same time, due to the Red Sea crisis, which caused containers to divert around the Cape of Good Hope, the Asia-Europe route occupied greater capacity, accounting for 22% of the global fleet.
At the same time, CMA CGM's capacity on the trans-Pacific route increased by 1% year-on-year, Maersk's fell by 4% year-on-year, and COSCO Shipping Group's increased by 8%.
Wanhai Shipping has the fastest growth
The fastest growing company on the Far East-North America trans-Pacific route is Wanhai Shipping. Due to the deployment of a series of 13,450TEU new ships, its shipping capacity increased by 39.3% compared with November 2023, and its market share reached 3.1%. Followed by Zim, which grew 24.1% year-on-year.
Meanwhile, strong demand, especially at West Coast ports, has attracted three new companies - SeaLead, SeaLead and T.S.LINES - albeit with only a small share of the trans-Pacific trade. 1% market share, but with the impact of Trump’s Tariff 2.0 and the ILA-USMX negotiation deadlock, the good prospects of 2024 are expected to be repeated in 2025.
Alphaliner pointed out that in November, the world's largest liner company Mediterranean Shipping Company (MSC) reduced its capacity on the trans-Pacific route by 20%, ranking sixth. However, this is only a temporary situation. As Maersk will end its 2M alliance cooperation with MSC in February 2025, MSC will redeploy its Far East-US route, and MSC's capacity on the trans-oceanic route is expected to increase significantly.