THERE has been a sharp increase in the capacity market share of the non-alliance services on Asia-North America West Coast, eating away capacity market share from all three carrier alliances.
The latest issue of the Sea-Intelligence Sunday Spotlight looked at the capacity market shares of the three carrier alliances, and well as the non-alliance services, on the Transpacific and Asia-Europe trades, to see how the alliance market shares have developed in the longer term, as well as across the turbulent 2020-2021 period.
The analysis showed that since the start of the second half of 2020, carriers started introducing non-alliance services on the trade lane at a rapid pace, especially after October 2020.
"This increase coincided with a sharp decrease in capacity market share for all three carrier alliances, to the point that the non-alliance services now offer more capacity on the Asia-North America West Coast trade lane than both 2M and THE Alliance, and nearly as much as Ocean Alliance," said Alan Murphy, CEO, Sea-Intelligence.
At present, nearly 30 per cent of Asia-North America West Coast deployed capacity is being offered by non-alliance services.
"We saw a similar pattern on Asia-North America East Coast, although the disruption in the capacity market share by the non-alliance services was not as high, with these services now offering a little under 10 per cent of Asia-North America East Coast deployed capacity. That said, both Ocean Alliance and 2M recorded a declining trend, while THE Alliance had a stable capacity market share through 2020-2021," Mr Murphy said.
On Asia-Europe, the capacity offered by non-alliance services is not consequential in the grand scheme of things, as they were largely under 1 per cent on Asia-North Europe in 2020-2021 and not offered at all on Asia-Mediterranean.
"In terms of the alliances, 2M recorded a declining capacity market share on both trade lanes, with Ocean Alliance seeing an increase on Asia-North Europe while THE Alliance stayed stable, while both Ocean Alliance and THE Alliance recorded an increase on Asia-Mediterranean," Mr Murphy concluded.
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