Home » Customs & Trade » RP-Malaysia trade up 38%

Jan to April volume reaches 4,078 TEUs

Member lines of the Association of International Shipping Lines (AISL) shipped 38.2% more containers in the Manila-Malaysia trade in the first four months of the year to 4,078 twenty-foot equivalent units (TEUs) from the same period last year’s 2,950 TEUs.

Market leader with a share of 55% is TSK (Tokyo Senpaku Kaisha, Ltd). The Japanese carrier handled 2,248 TEUs, 47.12% more than last year’s 1,528 TEUs.

In second spot and accounting for 13% of the total is Pacific Eagle Lines (PEL), which carried 531 TEUs or a 63.9% jump from 324 TEUs it shipped last year.

Ranked third with a market share of 9% is Evergreen Marine Corp. The Taiwanese line shipped 369 TEUs, up 141.1% from last year’s 153 TEUs.

Taking the fourth slot is K-Line with 249 TEUs, representing a market share of 6.1%. Containers handled by the Japanese line for the first four months jumped a whopping 4,880% from last year’s 5 TEUs.

Regional Container Lines (RCL) occupied fifth place when it carried 195 TEUs, accounting for 4.8% of the total. RCL, however, sustained a 49.2% decrease in volume for the period vis-à-vis the 384 TEUs it handled last year.

Rounding up the top 10 container carriers in the Manila-Malaysia trade are Orient Overseas Container Lines with a market share of 3.8%; COSCO, 2.3%; HUB, 1.2%; PIL, 0.88%; and Wan Hai, 0.51%.

Meanwhile, reefer cargoes carried by AISL member lines group increased 366.7% during the first four months of the year to 56 TEUs from only 12 TEUs last year. Only two lines serviced the volume for the period, with TSK transporting 40 and K-Line, 16.

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