2024-08-14 07:15:00
The Mediterranean Shipping Company (MSC), consolidates its position in the global container shipping market by reaching a 19.8% market share in 2024. One of the highest shares recorded by an online shipping company according to the latest report from Alphaliner. And, during this same year, MSC has added 400,000 TEU (Twenty Foot Equivalent Unit) to its fleet, further strengthening its dominance in the sector.
For her, AP Möller – Maerskthe second largest operator in the world, its market share is falling to 14.4%, a significant decrease in the last five years, after reaching a maximum of 19.4% in 2018. Something similar happens CMA CGMthe third largest shipping company in the world, which also recorded a fall in its quota, going from 12.8% in July 2023 to 12.4% in July 2024.
The Alphaliner report shows that MSC has an ambitious expansion plan, with 1.2 million TEU in new orders, equivalent to 20% of its current fleet. In comparison, Maersk has a much smaller order of 374,966 CAE, which represents 8.8% of its current fleet, which may limit its ability to compete in a rapidly expanding market.
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