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