Container Shipping
Twenty five container shipping lines serve the west coast of North America. A total volume of 34 million TEUs are carried per year. The Cosco led alliance has 24% of the market and APL and NYK led alliances each have about 16% of the market. Maersk, of Denmark, is the leading carrier with about 12% market share. Maersk operates the largest container ships in the world and has 12% of the market. Chinese owned shipping companies including Cosco, Yang Ming, Evergreen, China Shipping, Sinotrans, and Wan Hai have rapidly gained market share and now have about 27% of the market.
Exhibit 1. Shipping companies served by Pacific Coast ports
|
Alliances |
|
Head Office |
World Ships 1000 TEUs 2006 |
Ship Size Average TEUs
2006 |
1000sTEUs Post Panamax Capacity 2011 |
Trans Pacific 1000 TEUs 2006 |
|
CKYH |
Cosco |
China |
384 |
2,006 |
165 |
|
|
|
K-Line |
Japan |
264 |
3,919 |
165 |
|
|
|
Hanjin |
Korea |
353 |
3,604 |
89 |
|
|
|
Yang Ming |
China |
221 |
3,172 |
128 |
|
|
|
Subtotal |
|
|
|
|
8,200 |
|
New World |
APL (NOL Group) |
Singapore |
337 |
3,448 |
92 |
|
|
|
Mitsui OSK |
Japan |
283 |
3,819 |
151 |
|
|
|
Hyundai MM |
Korea |
165 |
|
148 |
|
|
|
Subtotal |
|
|
|
|
5,800 |
|
Grand |
Nippon Kusen (NYK) |
Japan |
320 |
3,094 |
202 |
|
|
|
Orient Overseas (OOCL) |
Hong Kong |
278 |
4,990 |
147 |
|
|
|
Hapag-Lloyd |
Germany |
446 |
3,749 |
96 |
|
|
|
Subtotal |
|
|
|
|
5,600 |
|
Maersk |
Maersk (Denmark) |
Denmark |
1,761 |
4,111 |
797 |
4,200 |
|
|
|
|
|
|
|
|
|
Others |
Evergreen (incl. Hatsu) |
Taiwan |
536 |
3,275 |
208 |
3,100 |
|
|
CMA CGM |
France |
650 |
3,590 |
149 |
2,000 |
|
|
China Shipping |
China |
381 |
3,283 |
134 |
2,000 |
|
|
Zim |
Israel |
233 |
3,366 |
|
600 |
|
|
Mediteranean Shipping |
Switzerland |
947 |
3,300 |
241 |
560 |
|
|
Hamburg Sud |
Germany |
203 |
3,307 |
89 |
360 |
|
|
Wan Hai |
Taiwan |
115 |
1,817 |
|
280 |
|
|
CSAV-Norasia |
Chile |
|
|
|
200 |
|
|
Pacific Int’l Lines (PIL) |
Singapore |
137 |
1,261 |
|
200 |
|
|
Maruba |
Argentina |
|
|
|
100 |
|
|
Other |
|
|
|
1,596 |
1,100 |
|
|
Total |
|
|
|
4,583 |
|
|
|
Total all sizes |
|
11,200 |
|
12,386 |
34,300 |
Three large shipping alliances; CKHY, New World, and Grand, and two major shipping companies, Maersk and Evergreen control the 24 integrated terminals. The three different types of leaseholders are:
 |
Tier 1- Integrated shipping company owned terminals- K-Line, Hanjin, Yang-Ming, APL-NOL, Hyundai, Mitsui OSK, NYK, Evergreen and Maersk. |
|
Tier 2- Stevedoring company owned terminals- Stevedoring Services of America, Marine Terminals Corp. |
|
Tier 3- Investment company owned terminals- DP Ports , Ontario Teachers Pension Fund, Deutsche Bank |