The Ocean Carrier Merry-go-round

Jan 16, 2018 | Article

During the past few years, in the often manic world of container shipping, we have witnessed a major transformation of carrier alliances and steamship line businesses, which appear to be showing signs of a return to order during 2018.

We’ve witnessed a major carrier going bust, numerous purchases, national mergers of French, German, Chinese and Japanese lines, a complete overhaul of the global alliances, record high rates, record low rates, and the largest container ship size being increased on an almost quarterly basis.

Due up next is the merger of the Japanese carriers – MOL, NYK and K line. They collectively become Ocean Network Express (ONE) in April and the waters appear to be a little calmer after this as the structure of the top shipping lines settles.

Danish giants Maersk Line remain the world’s largest carrier, whether measuring TEU capacity, number of ships or the share of the market. COSCO and Hapag Lloyd, have both improved their position due to mergers in recent years and ONE should enter the top six ahead of Evergreen after their imminent union.

 

 

Further ahead, the top ten carriers collectively have around 150 vessels on order, with Evergreen having 48 of them and COSCO 27. The 150 ships will bring almost 2,000,000 TEU’s to market, although with scrappage of older ships that will not all relate to extra capacity.

We are led to believe that the global economy is back on an upward trajectory. So, with this and the ocean carrier merry-go-round largely behind us, we are hopeful the Asia to Europe rates will continue to flatten throughout the year. This would clearly make mid to longer term rate agreements, and therefore fixed product costs, more manageable.

One line that has remained consistent throughout these turbulent times is UniOcean Lines. Customer driven and built for 21st century supply chains, they provide intelligent management of clients products with a technologically advanced approach.

UniOcean Lines currently manage 18 global charter agreements and 19 vessel loops from Asia to the UK. They offer a range of contract and service level agreements with fixed and flexible pricing made simple.

Uniserve represent UniOcean Lines in the UK and Ireland, and form part of a global selection of the best independent liner agents available worldwide.

For further information on UniOcean Lines, our ocean freight services, or to find out more about how Uniserve can add leverage to your supply chain, then please call 01708 259400 or email info@ugroup.co.uk.

 

PLEASE FOLLOW US

FOLLOW US

Uniserve EGDC

Our Singapore based distribution hub providing logistics services to the retail industry.

Uniserve Retail

The number one choice for retail logistics and supply chain solutions.

Unrivalled Ocean Freight

Unparalleled choice and flexibility are synonymous with the UK’s leading Ocean Freight provider.

Award Winning Airfreight

Our record breaking (five times) BIFA Airfreight Award winning team eagerly await your enquiries.

Premium European Services

The UK’s leading independent provides quality services to and from all major locations across Eastern and Western Europe.

Uniserve EGDC

Our Singapore based distribution hub providing logistics services to the retail industry.

Keep in Touch

Please subscribe to receive a monthly newsletter of our latest news and articles.

More News…..

Uniserve Duo Celebrate 10 Years

Two loyal Uniserve Group employees are celebrating major anniversaries this week, with both serving the company admirably for the past 10 years. Deborah Tomlinson joined our Shenstone team as a European Operator on 22nd May 2008 and according to colleague James Jones...

UK Transport Network Manager Appointed At Uniserve

Uniserve are pleased to confirm another appointment in what has become an exciting week for the group. Rupert Kay has joined us as UK Transport Network Manager and will be working with our logistics teams to maximise the effectiveness of our distribution network....

Uniserve Appoint New Group COO

Uniserve are delighted to confirm the recent appointment of Kim Overman as their new Group Chief Operating Officer. The new position has been created to support the ongoing growth and build on the success of the UK’s largest independent logistics and global trade...

Share This

Please Share This Article

It only takes a couple of clicks and it would be greatly appreciated! Many Thanks