2M leads the pack in Asia-Europe/Med trade capacity
By Bessie Howard on 16 April 2018
The partnership between Maersk and MSC is steadily increasing its dominance on major trade routes.
   Since signing a 10 year vessel sharing agreement  to become the 2M Alliance in January 2015, top two liner carriers Maersk Line and Mediterranean Shipping Company (MSC) have steadily increased their stronghold on the major east-west trades. 
   After revealing their revised service network in the highly competitive Asia-Europe/Mediterranean trade, the chart above provides a year-over-year snapshot of estimated weekly allocated capacity on the trade since the launch of the 2M Alliance, measured in TEUs.
   Utilizing BlueWater Reporting's Capacity Report (with filters), the data shows that March 2018 has seen the greatest allocated capacity within the past three years at 138,462 TEUs on the Asia to Europe/Med trade. This represents a 10-percent increase in capacity from the year prior, and 14 percent higher than that of March 2016.
   In contrast, the Europe/Med to Asia trade has experienced larger gains throughout the years, increasing from 109,368 TEUs in 2015 to 134,538 TEUs in 2017, a 23 percent increase. In the past year however, capacity has dipped to 124,827 TEUs, a reduction of 7 percent on the trade.
   Currently, the 2M Alliance operates 10 Asia-Europe/Med services, two of which call solely European ports, while the remaining eight call one or more ports in the Mediterranean. They deploy 120 vessels on the trade with an average vessel size of 14,252 TEUs, higher than either OCEAN Alliance or THE Alliance. OCEAN Alliance currently deploys 115 vessels averaging 12,638 TEUs, while THE Alliance deploys 81 vessels averaging 12,216 TEUs in the Asia-Europe/Med trade.