b'10American Journal of Transportation ajot.comtothevulnerabilitiesofthe supply chain. Top 50 Ocean Container CarriersIttakesonlyacursory glanceattheTop50oceanOcean Carrier Ships TEUcontainercarriers,toseeit1 Maersk 7104,122,702 is heavy at the top [see Top2 Mediterranean Shg Co 5913,902,661 50OceanContainerCarri- 3 COSCO Group (includes OOCL) 5013,022,125 erschart].Sincethemid- 4 CMA CGM Group 5583,019,469 2000sconsolidationhas5 Hapag-Lloyd 2551,774,132 concentratedapreponder- 6 ONE (Ocean Network Express) 2231,612,250 anceofcontainerslotsinto7 Evergreen Line 1991,327,918 thehandsofroughlyten8 HMM Co Ltd 74750,872 oceancarriers.Thedispar- 9 Yang Ming Marine Transport Corp. 89628,467 ity between the Top 10 and10 Zim 96417,034 therestisclearincompar- 11 Wan Hai Lines 129355,608 (EFFICIENTcontinuedand logistics providers, esti- ingthefleetcomposition12 PIL (Pacic InternaWonal Line) 79248,410 from page 2) mates that 1.9 million TEUsdata.Forexample,theTop13 Zhonggu LogisWcs Corp. 114168,265 agricultural items and loseofcapacitywasinvolvedin10carrierstogetherdeploy14 KMTC 67160,802 timeandpotentiallymoneytheEverGiveneventand3,296vesselsamountingto15 IRISL Group 33149,312 in the process.cumulative delays for cargo20,577,630TEUs(extrapo- 16 Antong Holdings (QASC) 108138,992 AsJensenexplained,theships are at 1,017 days. ThelatedfromSingapore-based wholemessbeganwiththecompany adds that a tsunamiAlphalinerdata).Whilethe17 SITC 93137,589 pandemic in 2020 and this isofboxesishittingports,remaining 90 container ship18 X-Press Feeders Group 83135,815 whereglobalizationshowsciting Singapore, more thanoperatorscomprisingthe19 UniFeeder 69108,065 itsuglysideandwhenyou370,000 TEU of capacity arerest of the Top 100 container20 Sinokor Merchant Marine 74103,852 haveaglobalproblemiten-route to the port, where 83lines, are composed of 2,06921 TS Lines 4797,493 effects every trade lane. Thevessels representing 299,310vesselsof3,359,658TEUs22 Matson 2864,616 pandemiccausedamas- TEU were already at the port or put another way, 1,22723 Sinotrans 3661,058 sivedropin AprilandMayoranchoredandwaitingtolessshipsandamindbog- 24 RCL (Regional Container L.) 3160,529 [2020]followedbyanunload as of April 12.gling17,217,972lessTEU25 Sea Lead Shipping 1760,248 astonishing comeback. AndEven withor because capacity than the Top Ten. 26 SM Line Corp. 1156,970 thecomebackdirectlyledof these supply chain issues;Thedifferencebetween27 Arkas Line / EMES 3152,805 toequipmentshortagesandfreightrateshavecontinuedtheTop10carriersandthe28 Global Feeder Shipping LLC 1851,633 congestion issues on the U.S.to remain high. FBX on Aprilrest is also expressed in vessel29 Transworld Group 2850,534 West Coast.7threportedAsia-US Westsize. The average size based30 Salam Pacic Indonesia Lines 5049,927 As the supply chain prob- Coastpriceshadincreasedon TEUs for the Top 10 car- 31 Emirates Shipping Line 845,366 lemsdeepened,theocean4%to$5,375/FEU(Fortyrier is 6,243 TEUs while for32 Swire Shipping 2343,623 carriers largely opted for planFootEquivalentUnit).Thisthe next 40 carriers (AJOTs33 Interasia Line 1543,220 A,muchtothechagrinofrate is 251% higher than theTop 50) 1,809 TEUs. And for34 Grimaldi (Napoli) 3739,588 agricultural shippers needingsametimelastyear. Anditthe group of carriers 40-100 boxes and complaints to Con- wasmuchdifferentonthethe size slips to 1,624 TEUs.35 Meratus 5337,400 gressional leaders ensued. OnAsia-USEastCoastpricesThe gap in size and slots is36 Tanto InWm Line 5436,513 March 9th, a group of Demo- which climbed 2% to $5,868/ also projected to widen based37 Ningbo Ocean Shg Co 4435,588 craticandRepublicanCon- FEU,andare108%higheronships-on-order.Thecur- 38 Seaboard Marine 2134,315 gressional representatives ledthan rates for this week lastrentorderbookfortheTop39 Samudera 2832,703 byJohnGaramendi(D-CA)year.Drewryscomposite10 carriers is 1,297 vessels of40 Shanghai Jin Jiang Shipping 3529,632 andJimCosta(R-CA)pre- WorldContainerIndexfor2,608,587slotsforanaver- 41 Dalian Trawind Marine Co 823,967 sentedabipartisanlettertoApril1streflectedthesameagesizeof13,242TEUs.42 Linea Messina 923,860 Michael A. Khouri, chair ofphenomenonasitwasupConversely, the next 90 car- 43 Namsung Shipping 2123,829 theFederalMaritimeCom- 0.2% to $4,883.43 per FEU.riershavecombinedorder- 44 Temas Line 3422,633 mission (FMC), voicing con- (see WCI graph above) book of 126 ships of 344,58045 Great White Fleet 920,620 cern over reports that certainTEUsoranaveragesizeof46 Log-In LogisWca 718,016 vessel-operatingcommond ivingi ntot hen uMBerS 2,735 TEUs.47 Shipping Corp. of India 517,882 carriers (VOCCs) are declin- Somewhat lost in all theWhatstandsoutisthe48 Crowley Liner Services 1416,446 ing to ship U.S. agriculturalturmoil was how much shipsjump in the average size for49 Westwood 715,848 commodity exports from U.S.andshippinghaschangedthe next wave of ship orders.50 Tropical Shg / TOTE MariWme 1915,592 ports. Costa said, It is criticalinarelativelyabbreviatedTheaveragesizeof13,242 that we resolve supply chaintimeframeandhowthese(EFFICIENTcontinuedData Source: Alphaliner Top 100: 02/04/2021issuessoourproducerscanchangeshavecontributedon page 12)quicklyshiphealthy,nutri-tious food around the world. Foodisanationalsecurity issue and we cannot allow for disruptions to this system.Ofcourse,thisallwas happeningbeforetheEver-greensEverGivenwedged itselfacrosstheSuezCanal onMarch23rd,thoroughly gummingupthealready stickyissueswithinthe supply chain. Quitebeyondtheactual blockage,theincidentwas acapacitysuckingevent beginningwithrerouting ofvesselsoverlongertrade lanessuchastheCapeof Good Hope. The problem is thataleanermoreefficient industrydoesnthavemuch surplus capacity built into itespecially in the VLCS (Very LargeContainership)and ULCS (Ultra Large Contain-ership) linehaul classes.As a result, ocean carrier schedules are still being disrupted. For example,project44,avis-ibilityplatformforshippers'