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Alphaliner reports that 528 container ships travelled between the Far East and Europe last month. Their combined capacity totalled 7.83 million TEU. The Far East–Northern Europe route handled 4.8 million TEU, marking a 3.9% increase over the previous year, while the Far East–Mediterranean route saw a 10% increase over November 2024, handling 3 million TEU.
Last month, MSC and the eight major carriers from three alliances (Gemini, Ocean, and Premier) together controlled 93.9% of the carrying capacity on this route. The remaining carriers accounted for the remaining 6.1%. According to Alphaliner, these small, independent carriers primarily focus on transport to destinations such as the Far East, Russia, and Turkey.
The conflict between Russia and Ukraine has changed freight transport between Asia and Northern Europe, with global shipping companies leaving St. Petersburg and being replaced by regional operators.
China’s Cosco, which is not part of any alliances, has demonstrated dynamic growth with an increase in its carrying capacity of 14.5%. Although the Chinese carrier ranks fourth worldwide, it is the third-largest carrier operating between the Far East and Europe.
Source: theloadstar.com