We’re thrilled to share some remarkable updates in the world of logistics and shipping. According to the latest data released by Alphaliner on October 1, 2023, the global container shipping industry is witnessing significant developments.
🌐 Global Container Fleet Growth
As of October 1, 2023, the global container fleet has grown to a staggering 6,711 vessels, an increase of 15 ships since September. The total container capacity now stands at an impressive 27,869,059 TEU, marking an increase of 123,807 TEU. The cumulative deadweight tonnage of operating vessels has reached a whopping 332,335,662 DWT.
🏆 Top 20 Shipping Companies Rankings
In the fiercely competitive world of shipping, there’s been an ongoing battle for rankings. One notable highlight is the rivalry between Ocean Network Express (ONE) and Evergreen Line. After ONE was overtaken by Evergreen Line in September, they’ve reclaimed their position, securing the 6th spot, while Evergreen Line is now ranked 7th.
Other notable changes include X-Press Feeders Group climbing two positions to the 13th spot, SITC and KMTC sliding down one spot each to 14th and 15th positions, respectively. UniFeeder has risen one place to 17th, Zhonggu Logistics Group has surged two positions to 18th, and Sea Lead Shipping has dropped two places to 19th. Sinokor Merchant Marine has slipped one position to the 20th spot.
🚢 Capacity Highlights
When it comes to capacity growth, Mediterranean Shipping Company continues to lead the way, with a capacity increase from 5,302,014 TEU to 5,365,638 TEU, adding 63,624 TEU to its fleet. Hapag-Lloyd has boosted its total capacity from 1,888,780 TEU to 1,930,577 TEU, while COSCO Group increased its operating capacity from 2,977,173 TEU to 2,991,248 TEU.
On the flip side, Maersk‘s total capacity decreased from 4,152,144 TEU to 4,125,573 TEU, a reduction of 26,571 TEU. CMA CGM Group saw a decrease from 3,507,102 TEU to 3,487,949 TEU, with 19,153 TEU less, and Zim‘s capacity decreased from 576,314 TEU to 568,728 TEU, with 7,586 TEU less.
Other companies like Sea Lead Shipping, Sinokor Merchant Marine, and Wan Hai Lines also experienced reductions in their total capacity.
🛳️ Orderbook Expansion
Notably, the largest growth in orderbook capacity comes from CMA CGM Group and KMTC. CMA CGM Group increased its orderbook capacity by an impressive 73,600 TEU, growing from 1,205,138 TEU to 1,278,738 TEU, with the number of ordered vessels rising from 115 to 123. Meanwhile, KMTC‘s orderbook capacity expanded from 16,400 TEU to 17,400 TEU, with the number of ordered vessels increasing from 2 to 3.
These developments highlight the dynamic nature of the global shipping industry, with companies constantly adapting and striving for excellence. Stay tuned for more updates on the ever-evolving world of logistics and shipping!