Maersk, MSC, CMA CGM in Best Position in Pacific : Drewry According to Drewry Maritime Research, the top three, Maersk Line, MSC and CMA CGM possess as of now the big economies of scale in the transpacific trade lane; they are so comfortable there that they can choose their line of rate war on the current east bound freight. Their recent deployment of vessels underscores with least doubt their single focus on the economies of scale. With acute business sense, they seem to have concentrated on those ports which serve them better, suit them better along with a careful transpacific cargo selection. Less demand for big ships and less access to big ships due to physical limitations are the two points that have led them to decide to go in for big ports; they have cut away from the West Coast North America ports. They are for ‘A bigger bang for their buck’. In the Asia-Europe trade lane as well, they seem not ready to share their economies of scale with anyone else. Putting aside the slot-charters, CMA CGM primarily partners MSC and Maersk, on its part, chooses to share vessels with MSC and CMA CGM. With a combined market share of 22% of all eastbound transpacific vessel capacity deployed in April, the average size of the vessel deployed by the three carriers is 32% higher than the trade lane norm of 6,490 TEU. CMA CGM had 36% more; MSC, 34% more and Maersk Line, 25% more. It only means that the three can face out a longer war of attrition than other carriers in the transpacific trade lane.
Posted on: Fri, 07 Jun 2013 11:20:59 +0000
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