Global liner industry thriving

Prior to March 1, the three global alliances liner on the market are: P3, G6 and CKYH. Today, CKYH after Evergreen's successful accession to transform into CKYHE Union, thus, global liner industry alliance formed to three division structure, showing the liner industry from competition to a joint process, and between the three coalition competition or the long-term sustainability.

P3 Alliance: Maersk, CMA CGM and Mediterranean in June 18, 2013 announced the establishment of the world's largest liner shipping alliance, the latest data show that three Clarkson shipping company Maersk capacity respectively (251, 1417524TEU), Mediterranean (162, 914448TEU ) and CMA (95, 574519TEU).

CKYHE Alliance: COSCO Container Lines, Kawasaki Kisen Kaisha, Yang Ming, Hanjin Shipping and Evergreen Marine recently announced that five parties on the composition of the new Maritime Union has reached a consensus, and the title is CKYHE Union, which limited the scope of cooperation in Asia - European and Mediterranean routes.

G6 Alliance: the end of 2011, New World Alliance and the Alliance of six shipping companies (President Lines, Mitsui OSK Lines, Hapag-Lloyd, NYK, OOCL and Hyundai Merchant Marine), agreed to merge to become G6 Alliance.

Which, P3 Alliance are pending, as through, P3 Alliance will become the largest coalition liner market, the market share of 32.50%; CKYHE is the second largest union, the market share of 20.93%; G6 is the third major league, the market share of 20.24%.

Liner has experienced several years of low market volatility, has been in constant groping tariffs and the best way to restore profitability, industry analysts believe that in the current trend of large ships, shipping companies in polymerized form alliances exist, on the one hand can maximize operational efficiency and enhance customer service levels, it also reduces the relative vicious competition among shipping companies in order to achieve a steady growth in freight market. However, there are some voices pointed out that in the future development of the market, competition will eventually show the relationship between the Union and the Union.

Right now, the global container shipping market is undergoing a new round of adjustment, each liner companies choose to hold together this time stepping up joint potential in the use of each other's resources to grab more market share, to help themselves through trade difficulties and achieve profitability. Can be seen from the above description of the three major alliances, the three coalition occupying 90 percent of the global shipping market share of the business, and the remaining 10% share will be other small shipping companies mad scramble to protect the survival, then, the market will show a survival of the fittest, Some small companies less competitive will be eliminated.

2014 is destined to be an extraordinary year for the shipping industry, the industry is constantly competing, the development of the road will become more clear and orderly, how to interpret the three major alliances that year, the industry remains to be seen.