Black Sea Container Market Up by 9.63%

2017-03-23

Black Sea Container Market Up by 9.63%

Black Sea container terminals of Ukraine, Romania, Russia, and Bulgaria handled 2 460 028 TEU in 2016, including empty containers, excluding transshipment.

This review observes only full containers of the region – 1 785 618 TEU. Total growth achieved by these five countries in 2016 was 9,63%, compared to the same period last year.

In 2016 general increase in laden containers was 9,63%

In 2016 there was a laden container turnover increase in all countries of the Black Sea region except Georgia, which have suffered 12,09% drop of laden container turnover. At the same time, Ukraine, Romania, Russia and Bulgaria achieved 30,66%, 4,71%, 7,52% and 4,65% growth of laden container turnover respectively.

During this period, 51,37% of laden containers handled were imported, with 48,63% of the volume being exported. It is estimated that laden container share was 72,59% and empty container share was 27,41%.

Import stated 51,37% of laden container volume at the Black Sea

Export volumes from the aforementioned countries increased by 12,61% compared to 2015. Ukraine and Russia achieved significant volume growth of export volume – 29,64% and 24,01% respectively. Romania suffered 0,1% decrease of laden export volume, while Bulgaria achieved growth of 0,3%. Georgia decreased its laden export volume by 14,93%. Import to the region increased by 6,95%, mainly because of Ukrainian import volume growth of 31,93%. In 2016 import volume increased in all countries of the region except Russia (-1,57%) and Georgia (-11,56%).

Ukraine achieved 31,93% growth of laden import volume

Thus the percentage of laden volume handled by each country in 2016 distributed as follows: Ukraine – 29,87%, Romania – 24,99%, Russia (Black Sea) – 24,92%, Georgia – 10,93%, Bulgaria – 9,29%.

Black Sea countries shares by laden container turnover, 2016

The top-five container terminals of the region in 2016 changed their positions in total volume handled: DPW (Constanta, Romania) still was on the first place, HPC Ukraine (Odessa, Ukraine) moved from the third to the second place, APMT Poti (Georgia) moved from the second place to the third, NLE (Novorossiysk, Russia) moved from the fourth to the fifth place and NUTEP (Novorossiysk, Russia) moved from the fifth to the fourth place. All of these terminals except APMT Poti (Georgia) and NLE (Novorossiysk, Russia) achieved volume growth in 2016 compared to 2015.

Black Sea Container Terminals shares by total turnover, 2016

As for the leading carriers of the region, there were no changes – MAERSK was a leader, followed by MSC, CMA CGM, ARKAS and ZIM. ARKAS achieved a significant laden volume growth in the region and its share almost equaled to the share of CMA CGM. All these carriers controlled 73,38% of this market.

MAERSK, MSC, CMA CGM, ARKAS and ZIM controlled 73,38% of the Black Sea market

Since the middle of 2014 the service of former G6 was re-built (Hapag Lloyd, OOCL, MOL, NYK, HMM, APL). Thus, OOCL moved to ABX service (ZIM) and G6 alliance became G5. In 2015 G5 members controlled 5,81% of total laden container market share, but in 2016 G5 members controlled only 5,05% of the market. At the same time in 2015 OOCL had 1,92% of market share, but in 2016 its share increased by 0,03 p.p. and stated 1,95%.

In Q1 2015 2M (Maersk and MSC) and Ocean Three (CMA CGM, CSCL, UASC) alliances started their activity in the Black Sea region. In 2015 total market share of Maersk and MSC was 46,69%, but in 2016 it grown by 2,04 p.p. to 44,65%. In 2015 total laden container market share of Ocean Three alliance members was 15,22%, but in 2016 it grown by 0,72 p.p. to 15,94%.

Also it has to be mentioned that in 2015 the total laden container share of CSCL and COSCO was 5,83%, but in 2016 it grown by 1,73 p.p. and stated 7,56%.

Source: Informall

Source from : Port News

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