Ocean carriers boost capacity dominating Europe's shortsea market

Posted on March 4, 2024   |  

Leading container lines maintain their dominance in intra-European shortsea markets, controlling a significant 71% of the market share.

MSC takes the lead in the intra-European market by increasing its deployed capacity to 339,978 TEU.

CMA CGM secures the second position with a capacity of 181,177 TEU, showing growth from the previous period.

Maersk ranks third, expanding its intra-European capacity to 133,622 TEU during the first year of its 2M Alliance resignation notice.

Maersk boosts its market share to 11.7%, while MSC's share decreases to 29.7% and CMA CGM's to 15.8%.

Cosco's market share declines to 5.6% from 6.7%.

Maersk expands its operations by deploying additional ships and increasing the average vessel size by over 100 TEU.

Unifeeder's capacity increases to 50,406 TEU, while Arkas Line surpasses Unifeeder as the largest independent shortsea operator in Europe.