Hyundai, OOCL, TS Lines top carriers
DRY cargoes for the Manila-China trade shipped by member lines of the Association of International Shipping Lines grew 6.68% to 7,382 TEUs for the first four months of the year from 6,920 TEUS in the same period last year.
From January to April, Hyundai Merchant Marine was the leading carrier in the trade with a market share of 15.52%, shipping 1,146 twenty-foot equivalent units (TEUs), 7.43% less than last year’s 1,238 TEUs.
In second place was Orient Overseas Container Lines (OOCL); in third, TS Lines; fourth, Sinotrans; and fifth, Pacific International Lines (PIL).
OOCL transported 1,118 TEUs from 1,767 TEUs, down 36.7%. Last year, the Hong Kong-based carrier was the leading shipping line on the Manila-China trade from January to April.
TS Lines carried 993 TEUs, a 101% jump from last year’s 494 TEUs.
Fourth-placer Sinotrans also had a impressive showing as it shipped 872 TEUs from last year’s 286 TEUs, reflecting a 204.9% increase.
Fifth-placer PIL transported 716 TEUs this year from last year’s 199 TEUs, a remarkable rise of 259.8%. Of the top five carriers in the Manila-China trade, PIL reported the most outstanding growth in the first four months of the year.
PIL shipped just one container more than sixth-placer SITC Container Lines, which handled 715 TEUs, an improvement of 15.14% over last year’s 621 TEUs.
Other shipping lines in the top ten list for the Manila-China trade are Evergreen (490 TEUs from 70 TEUs); China Shipping (294 TEUs from 170 TEUs); Hanjin Shipping (220 TEUs from 36 TEUs); and Maersk Line (219 TEUs from none).
In the reefer trade for the Manila-China route, there was negligible volume for the first four months of the year.
Only Yang Ming, Maersk Line and Evergreen reported carrying reefers for the period.
For the same four months in 2009, only Hanjin, Hyundai, Maersk Line and NYK did business in the trade.
