COSCO could surpass CMA CGM as third largest container line
Sep, 08, 2021 Posted by Sylvia SchandertWeek 202135
China’s COSCO group could overtake French carrier CMA CGM as the third-biggest container line if the latter does not acquire more ships.
COSCO now has 2.97 million TEU of total operating capacity, compared with CMA CGM’s 3.01 million TEU, according to Alphaliner.
However, COSCO’s owned fleet stands at 1.55 million TEU, compared with 1.23 million TEU for CMA CGM. The rest of the capacities come from chartered vessels.
Therefore, apart from the upcoming change in the number-one spot in liner shipping, with MSC dethroning Maersk after almost two decades, we will possibly see rearrangements in lower rankings, too.
Source: Container News
To read the full original article, visit the link:
https://container-news.com/cosco-could-surpass-cma-cgm-as-third-largest-container-line/
-
Shipping
Nov, 19, 2019
0
Maersk to close a service at the Port of Buenos Aires
-
Ports and Terminals
Nov, 30, 2018
0
Codesp wants to extend the existing dredging contract
-
Meat
Oct, 07, 2021
0
Brazilian beef exports set new record in September
-
Ports and Terminals
Mar, 18, 2024
0
Federal Revenue Foils Attempt to Smuggle 51,000 kg of Illegal Wood to the USA