U.S. import growth by volume increased to 6.9% year over year in February, overcoming the downward pressure created by the Lunar New Year holiday. Asian routes drove that growth, with imports originating ports other than China up by 17.2% year over year. Chinese ports followed, increasing i... Read more →
Shipments Processed
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11,516,316Shipments Processed (U.S. Imports)
Shipments by Month
TEUs by Month
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- Yantian
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- The Port of Los Angeles
- Port of Tacoma
- Port of Long Beach
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Shipment Statistics for Hyundai Merchant Marine
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11,516,316Total shipments
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23,658,740 TEUsTotal volume
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2.05 TEUsAverage shipment size
Shipments by month
Shipment Market Share (%)
TEUs by month
TEU Market Share (%)
Recent Panjiva Research about Hyundai Merchant Marine
Shipping alliances face risk of regulatory wave from Biden’s competition order
President Biden’s “Promoting Competition in the American Economy” Executive Order includes measures relating to the shipping and rail segments of the logistics industry. The provision for shipping appears modest and calls on the Federal Maritime Commission to “ensure... Read more →
HMM, SM Line add capacity after Hyundai, Hankook appear to jump ship
HMM and SM Line are reportedly expanding their shipping services from South Korea to the U.S. and Europe in response to a request from the South Korean government. That’s at least the second time HMM has done so after extending temporary services last October, though since then there ... Read more →
Container congestion not going away as supply chains stressed beyond the max
The container shipping industry’s congestion challenge “is not going to go away” according to FMC Chairman Daniel Maffei and an “import boom” has “stressed our supply chain to the max and beyond”. The import boom can be seen in a 50.6% year over yea... Read more →
HMM rolls out extra service to support Samsung, LG demand surge
Container-line HMM will continue its temporary Busan-to-Los Angeles service for a third month in response to soaring Transpacific shipping demand, including using a larger vessel. That follows a move by Matson to make its second China service permanent and indicates growing confidence in co... Read more →
Orient Overseas heads to the east coast after U.S. volumes head south
The container shipping firms that operate U.S.-inbound services have faced a tough month in May due to disruptions caused by COVID-19. Total U.S. container freight imports fell by 19.7% year over year in May including a slump in shipments from India and Canada of 71.4% and 43.0% while shipm... Read more →
Yang Ming, Evergreen win state support to maintain national champion status
The Taiwanese government is providing $1 billion of state aid to the container-lines Yang Ming and Evergreen Marine to ensure their financial stability during the COVID-19 pandemic. The government expects “global container volume may decrease by as much as 30%” in the next few m... Read more →
SM Line bucks falling liner trend with booming Canadian business
Container lines operating U.S.-inbound services saw a 9.2% year over year slide in traffic in March, the sixth drop in a row and largely due to coronavirus-related disruptions in China in February. All the top 10 liners saw a drop in traffic, with the 2M alliance of Maersk and MSC falling b... Read more →
Hapag-Lloyd The Best of a Bad Lot as Container Lines Suffer Poor Q4
U.S. inbound volumes of containers fell by 7.8% year over year in 4Q after a 10.6% drop in December. That’s been down in part to the demand-drag from the U.S.-China trade war as well as the timing effect of earlier stockpiling. Among the major container lines the worst performers were... Read more →
EC Waives Competition Rules, Shipping Alliances Can’t Force Profits Higher
The European Commission will likely allow the container shipping lines to maintain their cooperative alliances for another five years under a so-called block-exemption from antitrust rules. Profitability in the sector remains weak, with gross profits – container rates less bunker fuel... Read more →
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