2M Alliance split highlighted as Maersk has more ships idle Seafarers News

Singapore: Maersk line continues to lose ground MSC with the highest number of decommissioned ships, while MSC is still taking on new charters and second-hand acquisitions as the Swiss-Italian airline continues to launch new services.

Linerlytica’This week’s report stated that there is now 131 decommissioned ships, And Maersk Line has the largest number of idle ships with 32 unemployed shipscompared to nine for the market leader MSC.

Otherwise, despite the correction in the cargo market, more ships are used as operators, including MSCs reintroducing or adapting existing services.

Linerlytica noted, “The active fleet has resumed its upward trend, with a steady stream of new ship deliveries continuing to outperform ships removed through scrapping.”

There are now 17.65 million TEU active ships, which is 67% of the total fleet.

Of the 131 unemployed ships, 55 are larger than 5,000 TEU.

This month, MSC is bringing back its Asia-Mediterranean Dragon service, which was suspended in mid-2020 due to falling cargo volumes at the start of the Covid-19 pandemic. Eight ships with an average of 5,800 TEU are used.

While the previous Dragon Loop had a dozen 14,000 TEU vessels and was operated jointly by MSC and Maersk as part of the 2M alliance, the reintroduced service will be operated exclusively by MSC as both lines prepare to separate in 2025.

Linerlytica stated: “The launch of MSC’s Dragon service to the Mediterranean in mid-March will put fares on the route under pressure, with the continued influx of new ULCS capacity from March adding further pressure for both OCEAN and THE Alliance.”

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