Consortium (seafaring)

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In shipping, a consortium is an association of several shipping companies, particularly in the field of container transport, who want to work together to improve the services they offer. Here, the members of a consortium are given the right to transport their goods to the container parking spaces of other consortium members and of course offer this service to the other members as well. Since a consortium increases the number of container ships in the fleet, shuttle traffic can be planned much more flexibly, the waiting time for customers can be reduced and the ships can be better utilized.

structure

If shipping companies join together to form a shipping consortium, a tonnage center (also known as an operating or coordinating office) is set up, which takes on the operational tasks of creating and adhering to schedules as well as stowage planning for the containers.

Furthermore, the shipping companies decide whether they want to operate joint or separate marketing . In the case of a joint , a shipping company takes over the marketing for a specific region and thus has the decision-making power and responsibility for the implementation and acceptance of orders for the entire consortium. With separate marketing , however, each shipping company remains responsible for itself and takes care of the entire marketing concept itself.

aims

The economic advantages of a consortium are more flexible route planning, cost reduction through maximum utilization of the container spaces and greater customer accessibility.

Example of container shipping

The following consortia currently exist in container shipping (as of spring 2018):

consortium Market shares Members Remarks swell
2M 35% Maersk , MSC Initially, the plan was to found the P3 consortium together with CMA CGM. However, this was banned by Chinese authorities in 2014.
Ocean Alliance 26% CMA CGM , Evergreen Marine and COSCO Founded in 2014.
The Alliance 17% Hapag-Lloyd , ONE , Yang Ming and Hyundai Merchant Marine Formerly CKYHS before joining Evergreen Marine in 2014. Also called The Green Alliance . Before the merger of the container businesses of the major Japanese shipping companies NYK , MOL and “K” Line in 2017, they were individually part of The Alliance. Hyundai Merchant Marine was part of the 2M consortium until July 2019, but switched to The Alliance because HMM could not take on a more important position in the former consortium of Maersk and MSC.

Thus 9 of the 10 largest container shipping companies in the world are represented in a consortium and thus hold a total of 77.1% of the global market share. In addition to the collaborations listed above, the individual shipping companies also operate other partnerships that are limited to certain routes.

Individual evidence

  1. ↑ DVZ  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. , accessed October 22, 2015.@1@ 2Template: Toter Link / www.dvz.de  
  2. ↑ a b c Alphaliner - The Top 100 League (The 100 largest container shipping companies), accessed on October 22, 2015.
  3. ↑ Report in the Verkehrsrundschau , accessed on October 22, 2015.
  4. ↑ Seatrade Maritime News , SMN report on the establishment of CKYHE, accessed October 22, 2015.
  5. ↑ New South Korean partners for Hapag-Lloyd , accessed on July 1, 2019.