Table 2-12 Concentration in the U.S. Container Shipping Industry

Table 2-12
Concentration in the U.S. Container Shipping Industry

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Concentration Ratios Rank Shipping Line 2000 TEU*
  1 Maersk Sealand 2,940,138
  2 Evergreen Line 1,419,726
  3 Hanjin Shipping 1,396,608
Top 4 CR4 36% 4 American President Lines 1,212,528
  5 China Ocean Shipping Company (Cosco) 962,995
  6 P&O Nedlloyd 805,389
  7 Hyundai Merchant Marine 750,112
Top 8 CR8 53% 8 Orient Overseas Container Line (Oocl) 689,858
  9 Yang Ming Line 636,399
  10 Mediterranean Shipping Company (Msc) 606,666
Total, Top-10 Carriers     11,422,420
Total, All Other Carriers     7,742,122
Grand Total     19,164,542

Concentration Ratios Rank Shipping Line 2006 TEU*
  1 Maersk Line 4,258,414
  2 Evergreen Line 2,400,615
  3 Mediterranean Shipping Company (Msc) 1,998,994
Top 4 CR4 36% 4 Hanjin Shipping 1,854,583
  5 American President Lines 1,777,850
  6 Hapag Lloyd 1,736,333
  7 China Ocean Shipping Company (Cosco) 1,255,327
Top 8 CR8 57% 8 Orient Overseas Container Line (Oocl) 1,230,260
  9 China Shipping Container Lines 1,159,530
  10 Nippon Yusen Kaisha (Nyk Line) 1,158,291
Total, Top-10 Carriers     18,830,198
Total, All Other Carriers     10,376,535
Grand Total     29,206,732

* Number of laden containers carried, expressed in TEU.

KEY: TEU = Twenty-foot equivalent unit. CR = Concentration ratio.

SOURCE: Federal Maritime Commission, Office of Economics and Competition Analysis, calculated using annual 2006 data from Port Import/Export Reporting Service (PIERS).