ASEAN LINES

Fosco Building
02-06 Phung Khac Khoan Street, Da Kao Ward, District 01, Hochiminh City, Vietnam

Tel: +84 28 352 104 88    Fax: +84 28 352 104 89

Top 5 ocean carriers serving US trades see export share slips    10/04/2018
The Top 5 container lines serving the United States slightly increased their combined share of imports in 2017, but dominance of their exports receded.

Port of Oakland.

The decline in US export market share of the Top 5 carriers was driven largely by double-digit growth among carriers outside the Top 5. Above: the Port of Oakland. Photo credit: Shutterstock.com.

The 1 percentage point decline to 55.2 percent in export share among the Top 5 export carriers in 2017 — Maersk Group (Maersk Line, Hamburg Süd, and SeaLand), Mediterranean Shipping Co.CMA CGM/APLHapag-Lloyd, and Evergreen Line — is the first drop since 2012 and takes place after years of steady industry consolidation.

The Top 5 import carriers, comprised of the same five carriers, increased their share 0.2 percentage points last year to 54 percent, continuing the gains they have made each year since 2014, according to PIERS, a sister product of JOC.com.

The decline in US export market share of the Top 5 carriers was driven largely by double-digit growth among carriers outside the Top 5, most notably the 26.1 percent increase in exports for Hyundai Merchant Marine to 476,149 TEU as it grabbed cargo formerly moved by Hanjin Shipping, and the 21.5 percent increase to 593,190 TEU at Cosco Shipping.

Cosco, which is merging with OOCL, would have been the No. 4 US export carrier in 2017, with a market share of 9.7 percent and combined volume of 1.2 million TEU based on the current rankings. The three Japanese carriers — NYK Line, MOL, and “K” Line — began sailing under the Ocean Network Express (ONE) on April 1; under the current rankings, ONE also would have also been the No. 4 carrier in 2017 with a share of 11.9 percent and total volume of 1.5 million TEU.

Other carriers that showed strong export growth in 2017 were MOL, up 11.9 percent to 481,083 TEU; Yang Ming, up 10.4 percent to 461,530 TEU; and ACL/Grimaldi Group, up 21.4 percent to 86,583 TEU.

Maersk Group’s 5 percent decline in export traffic to 1.8 million TEU and Hapag-Lloyd’s 4.6 percent drop to 1 million TEU also contributed to the Top 5 export carriers losing combined market share. The declines helped pull down export growth of the Top 5 so that it matched overall US export growth of 1.2 percent.

CMA CGM/APL was the fastest-growing of the Top 5 export carriers in 2017, with traffic up 8.3 percent to 1.6 million TEU, followed by MSC’s 4.9 percent increase to 1.6 million TEU, and Evergreen’s 3.8 percent gain to 817,364 TEU.

Import growth as a whole and among the Top 5 was much stronger, with combined volume of the Top 5 carriers expanding 6.2 percent, edging out the 5.9 percent growth in total US imports in 2017.

Under the current rankings, a merged Cosco and OOCL would have been tied with CMA CGM/APL for the No. 1 US import carrier in 2017 with a share of 13 percent. Cosco/OOCL volume would have totaled 2.4 million TEU. Japan’s Big Three, if the merger into ONE had closed last year, would have had an import market share of 12.8 percent, as their combined volume of 2.9 million TEU would have made them the No. 2 import carrier.

Volume at all of the Top 5 import carriers rose in 2017, with MSC’s 12.6 percent expansion to 2.8 million TEU leading the pack. CMA CGM/APL followed with a 9.3 percent increase to 3 million TEU, while Evergreen traffic rose 3.7 percent to 1.8 million TEU. Maersk Group import volume rose 2.9 percent to 2.8 million TEU, while Hapag-Lloyd imports inched up 0.8 percent to 1.9 million TEU.

US import growth was so strong last year that many of the top carriers recorded double-digit volume increases from bases in excess of 700,000 TEU. OOCL import traffic rose 25.8 percent to 1.2 million TEU, while HMM’s volume rose 19.9 percent to 940,506 TEU, and imports at MOL rose 18.6 percent to 911,318 TEU.

 

Rankings of the JOC Top 40 container carriers in US import trade lanes
US IMPORTS, January-December 2017 versus January-December 2013, 2014, 2015, and 2016 in laden TEU*
The JOC Top 40 container carriers in the US import trade carried 99.8 percent of the 22.9 million TEU in the overall US import trade in 2017, a volume increase of 5.9 percent year over year and surge of 20.5 percent above 2013. The JOC Top 5 carriers garnered 54 percent of the US import trade lane, or 12.4 million TEU in 2017 as volume jumped 6.2 percent year over year, and spiked 29.2 percent above the same period in 2013.
  JANUARY-DECEMBER  US IMPORTS   PERCENT VOLUME CHANGE 
IN JANUARY-DECEMBER 2017
OCEAN CARRIER* WEBSITE WORLD, 
US HEADQUARTERS
2017 MARKET SHARE 2013 2014 2015 2016 2017   FROM
2013
FROM
2014
FROM
2015
FROM
2016
1 CMA CGM/APL www.cma-cgm.com; www.apl.com Marseille; Norfolk, Va. Singapore; Scottsdale, Ariz. 13.0% 2,549,170 2,597,523 2,661,711 2,725,476 2,977,695   16.8% 14.6% 11.9% 9.3%
2 Maersk Group www.maerskline.com Copenhagen; Florham Park, NJ 12.4% 2,359,206 2,458,676 2,471,039 2,760,042 2,841,049   20.4% 15.6% 15.0% 2.9%
3 MSC www.mscgva.ch Geneva; New York 12.2% 1,815,301 2,050,651 2,277,622 2,478,213 2,790,389   53.7% 36.1% 22.5% 12.6%
4 Hapag-Lloyd www.hapag-lloyd.com Hamburg; Piscataway, NJ 8.4% 1,416,820 1,744,114 1,751,719 1,904,571 1,920,290   35.5% 10.1% 9.6% 0.8%
5 Evergreen Line www.evergreen-line.com Taipei; Jersey City, NJ 8.0% 1,439,336 1,628,255 1,666,602 1,778,708 1,844,293   28.1% 13.3% 10.7% 3.7%
  JOC Top 5 US Import Carriers 54.0% 50.4% 51.6% 51.9% 53.8% 54.0%          
  JOC Top 5 US Import Carriers' Market Share   9,579,833 10,479,219 10,828,692 11,647,009 12,373,716   29.2% 18.1% 14.3% 6.2%
6 Cosco *1 en.coscoshipping.com Shanghai; Secaucus, NJ 7.7% 1,664,660 1,680,296 1,757,419 1,643,699 1,761,281   5.8% 4.8% 0.2% 7.2%
7 OOCL *1 www.oocl.com Hong Kong; Salt Lake City 5.3% 749,248 824,313 842,318 970,113 1,220,006   62.8% 48.0% 44.8% 25.8%
8 NYK Line *2 www.nykline.com Tokyo; Secaucus, NJ 4.5% 720,994 805,740 829,227 867,109 1,026,583   42.4% 27.4% 23.8% 18.4%
9 "K" Line *2 www.kline.com Tokyo; Richmond, Va. 4.3% 798,104 860,039 920,119 977,066 997,128   24.9% 15.9% 8.4% 2.1%
10 Hyundai Merchant Marine www.hmm21.com Seoul; Irving, Texas 4.1% 857,726 843,022 743,767 784,353 940,506   9.7% 11.6% 26.5% 19.9%
11 Yang Ming Line www.yangming.com.tw Keelung; Newark, NJ 4.0% 729,119 794,114 849,873 875,045 922,042   26.5% 16.1% 8.5% 5.4%
12 MOL *2 www.molpower.com Tokyo; Lombard, Ill. 4.0% 710,600 775,766 739,979 768,327 911,318   28.2% 17.5% 23.2% 18.6%
13 Zim Integrated Shipping Services www.zim.com Haifa; Norfolk, Va. 2.5% 325,926 387,116 497,697 494,940 567,070   74.0% 46.5% 13.9% 14.6%
14 Dole www.doleoceancargo.com Jacksonville, Fla. 1.1% 228,914 225,540 233,462 248,092 249,693   9.1% 10.7% 7.0% 0.6%
15 Pacific International Line www.pilship.com Singapore, Long Beach, Ca. 1.1% 117,811 109,813 107,068 162,269 241,093   104.6% 119.5% 125.2% 48.6%
16 Seaboard Marine www.seaboardmarine.com Miami 0.9% 164,046 155,353 190,477 190,252 204,445   24.6% 31.6% 7.3% 7.5%
17 Crowley www.crowley.com Jacksonville, Fla. 0.9% 171,384 181,816 197,144 189,025 199,654   16.5% 9.8% 1.3% 5.6%
18 SM Line www.smlines.com Seoul 0.8%         187,908          
19 Wan Hai Lines www.wanhaiusa.com Taipei; Phoenix, Ariz. 0.7% 90,588 94,225 131,066 141,650 154,505   70.6% 64.0% 17.9% 9.1%
20 Great White Fleet www.greatwhitefleet.com Antwerp; Cincinnati 0.6% 177,538 184,069 150,359 149,132 140,005   -21.1% -23.9% -6.9% -6.1%
21 Network Shipping www.freshdelmonte.com Coral Gables, Fla. 0.5% 56,980 61,119 71,371 74,746 118,617   108.2% 94.1% 66.2% 58.7%
22 Matson www.matson.com Oakland 0.5% 109,749 112,485 108,368 102,099 115,793   5.5% 2.9% 6.9% 13.4%
23 ACL/Grimaldi Group www.aclcargo.com www.grimaldi.napoli.it Naples; Westfield, NJ 0.5% 80,754 76,424 74,140 90,344 103,755   28.5% 35.8% 39.9% 14.8%
24 Independent Container Line www.icl-ltd.com Antwerp; Richmond, Va. 0.4% 76,117 84,154 89,562 86,151 93,234   22.5% 10.8% 4.1% 8.2%
25 Turkon Line www.turkonamerica.com Istanbul; Secaucus, NJ 0.2% 32,640 31,681 35,573 35,160 43,803   34.2% 38.3% 23.1% 24.6%
26 TOTE Maritime www.totemaritime.com Jacksonville, Fla. 0.2% 30,447 29,606 32,170 36,114 40,679   33.6% 37.4% 26.5% 12.6%
27 Tropical Shipping www.tropical.com Riviera Beach, Fla. 0.2% 39,513 50,351 41,777 39,294 39,666   0.4% -21.2% -5.1% 0.9%
28 Westwood Shipping www.wsl.com Puyallup, Wash. 0.2% 31,161 33,535 39,904 35,009 37,527   20.4% 11.9% -6.0% 7.2%
29 King Ocean Services www.kingocean.com Doral, Fla. 0.2% 27,582 30,712 27,492 32,699 37,178   34.8% 21.1% 35.2% 13.7%
30 Agriculture Investment Export Inc. www.solgroup-marketing.com Tegucigalpa, Honduras; Port Everglades 0.1% 20,438 17,848 17,152 26,231 25,157   23.1% 41.0% 46.7% -4.1%
31 Linea Peninsular www.lineaships.com Panama City, Fla. 0.1% 18,884 17,427 16,036 17,083 21,836   15.6% 25.3% 36.2% 27.8%
32 Trailer Bridge www.trailerbridge.com Jacksonville, Fla. 0.1% 21,144 19,655 21,915 23,440 18,910   -10.6% -3.8% -13.7% -19.3%
33 Marine Express www.marinexpressinc.com Mayaguez, Puerto Rico 0.1% 12,099 14,247 13,770 12,985 14,723   21.7% 3.3% 6.9% 13.4%
34 Priority Ro-Ro priorityroro.com/en/index.html Mayaguez, Puerto Rico 0.1% 9,268 6,863 7,980 9,797 12,847   38.6% 87.2% 61.0% 31.1%
35 World Direct Shipping www.worlddirectshipping.com Palmetto, Fla. 0.0%   190 3,795 7,044 9,966     5145.4% 162.6% 41.5%
36 Spliethoff Transport www.spliethoff.com Amsterdam; Cleveland 0.0% 7,987 9,204 10,380 8,895 9,087   13.8% -1.3% -12.5% 2.2%
37 Antillean Lines www.antillean.com Miami 0.0% 9,580 7,501 6,947 7,600 8,903   -7.1% 18.7% 28.2% 17.1%
38 Eimskip www.eimskip.com Reykjavik; Virginia Beach 0.0% 4,747 5,224 6,073 7,749 8,127   71.2% 55.6% 33.8% 4.9%
39 Atlantic Ro-Ro Carriers www.cisnav.com Montreal; Hoboken, NJ 0.0% 5,023 7,858 8,481 7,401 7,268   44.7% -7.5% -14.3% -1.8%
40 Swire Shipping www.swireshipping.com Singapore 0.0% 6,840 6,865 7,867 6,381 5,290   -22.7% -22.9% -32.8% -17.1%
  TOTAL JOC TOP 40 US IMPORT CARRIERS 99.8% 17,687,443 19,023,389 19,659,421 20,774,303 22,869,319   29.3% 20.2% 16.3% 10.1%
  TOTAL ALL US IMPORT CARRIERS 100.0% 19,017,708 20,303,067 20,868,857 21,644,249 22,924,516   20.5% 12.9% 9.9% 5.9%
  MARKET SHARE OF ALL JOC TOP 40 US IMPORT CARRIERS   93.0% 93.7% 94.2% 96.0% 99.8%          
 
1* Cosco Shipping parent company China Cosco Shipping Group is acquiring OOCL.
2* NYK Line, MOL, and "K" Line will complete merger into ONE on April 1, 2018.
Rankings of the JOC Top 40 container carriers in US export trade lanes
US EXPORTS, January-December 2017 versus January-December 2013, 2014, 2015, and 2016 in laden TEU*
The JOC Top 40 container carriers in the US export trade carried 99.8 percent of the 12.5 million TEU in the overall US export trade in 2017, as total export volume rose 1.2 percent year over year, yet declined 1.8 percent compared with 2013. The JOC Top 5 carriers garnered 55.2 percent of the US export trade lane, or 6.8 million TEU in 2017, a year-over-year volume increase of 1.2 percent, and up just 1.7 percent from 2013's figure.
  JANUARY-DECEMBER  US IMPORTS   PERCENT VOLUME CHANGE 
IN JANUARY-DECEMBER 2017
OCEAN CARRIER* WEBSITE WORLD, 
US HEADQUARTERS
2017 MARKET SHARE 2013 2014 2015 2016 2017   FROM
2013
FROM
2014
FROM
2015
FROM
2016
1 Maersk Group www.maerskline.com Copenhagen; Florham Park, NJ 14.5% 1,725,937 1,764,984 1,592,442 1,912,168 1,816,883   5.3% 2.9% 14.1% -5.0%
2 MSC www.mscgva.ch Geneva; New York 13.1% 1,562,539 1,559,124 1,521,075 1,568,412 1,644,534   5.2% 5.5% 8.1% 4.9%
3 CMA CGM/APL www.cma-cgm.comwww.apl.com Marseille; Norfolk, Va. Singapore; Scottsdale, Ariz. 12.4% 1,571,426 1,437,021 1,455,375 1,438,800 1,558,250   -0.8% 8.4% 7.1% 8.3%
4 Hapag-Lloyd www.hapag-lloyd.com Hamburg; Piscataway, NJ 8.0% 1,078,130 1,128,473 1,032,259 1,053,656 1,005,074   -6.8% -10.9% -2.6% -4.6%
5 Evergreen Line www.evergreen-line.com Taipei; Jersey City, NJ 6.5% 790,120 763,905 754,377 787,393 817,364   3.4% 7.0% 8.3% 3.8%
  JOC Top 5 US Export Carriers 54.5% 52.6% 52.0% 50.9% 56.2% 55.2%          
  JOC Top 5 US Export Carriers' Market Share   6,728,152 6,653,506 6,355,528 6,760,429 6,842,105   1.7% 2.8% 7.7% 1.2%
6 OOCL *1 www.oocl.com Hong Kong; Salt Lake City 5.0% 538,285 530,534 527,816 616,788 623,110   15.8% 17.4% 18.1% 1.0%
7 NYK Line *2 www.nykline.com Tokyo; Secaucus, NJ 4.8% 454,088 522,760 580,678 560,679 600,740   32.3% 14.9% 3.5% 7.1%
8 Cosco *1 en.coscoshipping.com Shanghai; Secaucus, NJ 4.7% 697,466 646,181 499,568 488,189 593,190   -15.0% -8.2% 18.7% 21.5%
9 MOL *2 www.molpower.com Tokyo; Lombard, Ill. 3.8% 370,674 389,403 378,263 429,881 481,083   29.8% 23.5% 27.2% 11.9%
10 Hyundai Merchant Marine www.hmm21.com Seoul; Irving, Texas 3.8% 515,044 439,741 378,138 377,564 476,149   -7.6% 8.3% 25.9% 26.1%
11 Yang Ming Line www.yangming.com.tw Keelung; Newark, NJ 3.7% 414,631 407,827 372,216 418,133 461,530   11.3% 13.2% 24.0% 10.4%
12 "K" Line *2 www.kline.com Tokyo; Richmond, Va. 3.3% 406,307 406,526 407,265 431,056 410,082   0.9% 0.9% 0.7% -4.9%
13 Seaboard Marine www.seaboardmarine.com Miami 2.7% 301,245 299,893 320,150 321,845 344,372   14.3% 14.8% 7.6% 7.0%
14 Crowley www.crowley.com Jacksonville, Fla. 2.7% 353,352 347,890 385,103 344,596 337,618   -4.5% -3.0% -12.3% -2.0%
15 Zim Integrated Shipping Services www.zim.com Haifa; Norfolk, Va. 2.0% 246,770 222,972 253,769 261,032 252,629   2.4% 13.3% -0.4% -3.2%
16 TOTE Maritime www.totemaritime.com Jacksonville, Fla. 1.5% 108,784 110,515 153,868 174,342 187,336   72.2% 69.5% 21.8% 7.5%
17 Tropical Shipping www.tropical.com Riviera Beach, Fla. 1.1% 119,631 122,371 130,735 127,701 133,624   11.7% 9.2% 2.2% 4.6%
18 King Ocean Services www.kingocean.com Doral, Fla. 0.7% 79,829 85,394 86,954 88,293 88,705   11.1% 3.9% 2.0% 0.5%
19 ACL/Grimaldi Group www.aclcargo.com www.grimaldi.napoli.it Naples; Westfield, NJ 0.7% 78,758 72,964 72,663 71,314 86,583   9.9% 18.7% 19.2% 21.4%
20 Great White Fleet www.greatwhitefleet.com Antwerp; Cincinnati 0.6% 79,515 82,443 84,621 81,664 79,168   -0.4% -4.0% -6.4% -3.1%
21 Trailer Bridge www.trailerbridge.com Jacksonville, Fla. 0.6% 65,306 54,743 71,595 64,555 69,306   6.1% 26.6% -3.2% 7.4%
22 Dole www.doleoceancargo.com Jacksonville, Fla. 0.5% 51,925 49,121 60,559 53,818 62,034   19.5% 26.3% 2.4% 15.3%
23 Independent Container Line www.icl-ltd.com Antwerp; Richmond, Va. 0.5% 59,818 61,894 62,147 61,947 61,684   3.1% -0.3% -0.7% -0.4%
24 Matson www.matson.com Oakland 0.4% 56,863 54,342 54,106 56,702 51,208   -9.9% -5.8% -5.4% -9.7%
25 SM Line www.smlines.com Seoul 0.4%         47,136          
26 Pacific International Line www.pilship.com Singapore, Long Beach, Ca. 0.3% 50,695 49,786 42,542 57,483 37,867   -25.3% -23.9% -11.0% -34.1%
27 Turkon Line www.turkonamerica.com Istanbul; Secaucus, NJ 0.3% 40,787 36,814 31,407 30,816 31,675   -22.3% -14.0% 0.9% 2.8%
28 Antillean Lines www.antillean.com Miami 0.2% 22,938 21,181 21,133 22,965 24,644   7.4% 16.4% 16.6% 7.3%
29 Wan Hai Lines www.wanhaiusa.com Taipei; Phoenix, Ariz. 0.2% 23,103 16,793 16,250 28,605 24,403   5.6% 45.3% 50.2% -14.7%
30 Hybur Shipping www.hydeshipping.com Cayman Islands; Port Everglades 0.2% 16,421 14,467 21,092 22,110 21,394   30.3% 47.9% 1.4% -3.2%
31 Seacor www.seacorislandlines.com Fort Lauderdale 0.2%   99 72 10,543 20,290     20330.7% 28202.1% 92.4%
32 Westwood Shipping www.wsl.com Puyallup, Wash. 0.2% 19,237 18,656 18,950 18,751 19,950   3.7% 6.9% 5.3% 6.4%
33 Linea Peninsular www.lineaships.com Panama City, Fla. 0.1% 19,302 12,835 15,267 11,815 11,176   -42.1% -12.9% -26.8% -5.4%
34 Network Shipping www.freshdelmonte.com Coral Gables, Fla. 0.1% 14,505 10,880 11,776 11,746 8,907   -38.6% -18.1% -24.4% -24.2%
35 Bermuda Container Line www.neptunebermuda.com Hamilton, Bermuda; Newark, NJ 0.1% 7,167 7,011 7,252 7,418 8,300   15.8% 18.4% 14.4% 11.9%
36 Swire Shipping www.swireshipping.com Singapore; Vancouver, BC 0.1% 6,733 6,981 9,809 10,220 7,018   4.2% 0.5% -28.5% -31.3%
37 United Abaco Shipping www.unitedabacoshipping.com Bahamas 0.0% 1,160 923 1,218 3,203 5,369   362.9% 481.8% 340.9% 67.6%
38 Somers Isles Shipping www.somers-isles-shipping.com Fernandina Beach, Fla. 0.0% 3,445 3,155 3,421 3,832 3,973   15.3% 25.9% 16.1% 3.7%
39 Schuyler Line Navigation www.schuylerline.com Annapolis, Md. 0.0% 613 154 951 3,692 3,198   421.3% 1979.9% 236.3% -13.4%
40 Intermarine www.intermarine.com Houston, Tx. 0.0% 12,740 10,496 8,286 4,026 2,979   -76.6% -71.6% -64.1% -26.0%
  TOTAL JOC TOP 40 US EXPORT CARRIERS 99.8% 11,965,291 11,771,251 11,445,169 12,037,752 12,520,533   4.6% 6.4% 9.4% 4.0%
  TOTAL ALL US EXPORT CARRIERS 100.0% 12,784,055 12,497,737 12,031,021 12,396,242 12,549,608   -1.8% 0.4% 4.3% 1.2%
  MARKET SHARE OF ALL JOC TOP 40 US EXPORT CARRIERS   93.6% 94.2% 95.1% 97.1% 99.8%          
 
1* Cosco Shipping parent company China Cosco Shipping Group is acquiring OOCL.
2* NYK Line, MOL, and "K" Line will complete merger into ONE on April 1, 2018.





Other News