“The mainline operator share of the intra-Europe, shortsea and feeder capacity has increased substantially over the last six years,” David Jordan, regional director, Asia for MSI, told Global Liner Shipping Asia conference in Singapore, organised by KNect365 Maritime, earlier this week.
The mainline operators dominate the intra-European market and have seen their share rise from 59% to 66% of the market.
“In contrast shortsea and feeder operators have lost market share dipping from around 41% in January 2013 to just around a third in August this year.”
Jordan said this had been caused by a combination of some shortsea players losing market share and others closing down altogether.
But it’s a different story in the fast growing intra-Asian market where while the mainlines have grown their market share the intra-regional and feeder operators have maintained a majority of the market.
Jordan said that the intra-Asian market had seen a 40% growth in capacity over the last six years to around 2m teu.
“Mainline operator share has increased from 32% to 38%, which is a relatively modest increase and is largely due to the shortsea and feeder operators on the intra-Asia market really maintaining their share of capacity,” he explained.
“There has been a lot more resiliency for smaller owner/operators in the intra-Asia market.”
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