CONTAINER cargo carried by the members of the Association of International Shipping Lines in the Manila-Taiwan trade grew 14% in the first four months of the year to 3,954 twenty-foot equivalent units (TEUs) from 3,466 TEUs in the same period last year.
While Orient Overseas Container Lines carried most of the cargo for the trade lane, it shipped 28% less to 1,007 TEUs for the January to April period from the 1,398 TEUs it carried last year. As a result, the Hong Kong-based carrier also reflected a smaller market share this year of 25.5% against last year’s 40.3%.
The second-leading carrier in the Manila-Taiwan trade is T.S. Lines. With a market share of 21.4%, it shipped 847 TEUs this year, a 773.2% jump over last year’s 97 TEUs. For the four-month trade last year, the Hong Kong-based carrier accounted for 2.8% of the total.
Ranked third is Taiwanese carrier Evergreen Marine Corp, with a share of 20.8% and carrying 823 TEUs, up 60.1% from last year’s 514 TEUs.
Accounting for 11.5% of the total trade, in fourth place is Yang Ming Container Lines. It transported 456 TEUs from 254 TEUs last year, or a 79.5% rise. Last year, the carrier held 7.3% of the market.
Tokyo Senpaku Kaisha, Ltd is the fifth-leading carrier for the Manila-Taiwan trade, handling 419 TEUs, higher by 124% vis-à-vis the 187 TEUs transported last year. Market share this year is 10.6% against last year’s 5.4%.
In sixth spot is Hapag Lloyd, which shipped 110 TEUs for a market share of 2.8%. Last year it handled so much less at 26 TEUs, representing 0.75% of the total.
Rounding up the top 10 carriers for the Manila-Taiwan trade are Wan Hai, which transported 107 TEUs for a market share of 2.7%; Maersk Sealand, 74 TEUs, 1.9%; Cheng Lie, 39 TEUs, 0.99%; and Hyundai Marine Co, 37 TEUs, 0.93%.
For the reefer trade, volume almost doubled, from 70 TEUs in January to April last year to 135 TEUs in the same period this year. Hyundai topped the list of carriers in the trade followed by Evergreen, OOCL, Yang Ming and TSK.
