25.11.2019

Black Sea container market review 9M 2019

Black Sea container terminals of Ukraine, Romania, Russia, and Bulgaria handled 2 406 295 TEU in 9m 2019, including empty containers, excluding transshipment.
This review observes only full containers of the region – 1 782 278 TEU. Total growth achieved by these five countries for the period was 11,23% compared to the same period last year.
 
The laden container turnover has grown in all countries of the Black Sea region except Russia. In 9m 2019 largest increases were achieved by Georgia, Ukraine and Bulgaria – 36,34%, 19,39% and 11,34% respectively.
 
During this period, 58,00% of full containers handled were imported, with 42,00% of the volume being exported. It is estimated that laden containers share was 74,07% and empty containers share was 25,93%.
 
Import volumes to the aforementioned countries increased by 13,85% compared to 9m 2018. The highest import volume increase was shown by Georgia and Ukraine – 40,35% and 19,88% respectively. In Bulgaria and Romania there was an increase of 15,78% and 5,15% respectively. Exports from the region increased by 7,81%, mainly because of Ukrainian and Georgian export volume growth of 18,83% and 10,11%. There was an increase of laden export volume in all countries of the region except Romania, it has suffered volume drop of 1,68%.
 
Thus the percentage of laden volume handled by each country in 9m 2018 distributed as follows: Ukraine – 32,59%, Russia (Black Sea) – 23,29%, Romania – 20,87%, Georgia – 14,57%, Bulgaria – 8,68%.
 
The top-five container terminals of the region in 9m 2019 changed their positions in total volumes handled: DPW (Constanta, Romania), APMT Poti (Georgia) have secured TOP-2 positions, while NUTEP (Novorossiysk, Russia) and CTO (Odessa, Ukraine) switched their positions and CTO became third largest terminal of the region. At the same time, BKP (Odessa, Ukraine) was fifth largest terminal at the Black Sea. All of these terminals except BKP (2,04% decrease) achieved volume growth in 9m 2019 compared to 9m 2018.
 
As for the leading carriers of the region, MAERSK still was a leader; while COSCOCS overcame ARKAS, ZIM and CMA CGM and became third largest carrier of the region. TOP-5 carriers of the region were MAERSK, MSC, COSCOCS, CMA CGM and ZIM. In total, these carriers controlled 71,59% of this market.
 
In 9m 2018 the total market share of Maersk and MSC was 43,35%, but in 9m 2019 it has increased by 2,31 p.p. to 45,66%. At the same time, the total share of CMA CGM and COSCOCS was 19,30% in 9m 2018, while in 9m 2019 it has decreased by 1,27 p.p. and stated 18,03%. It is also worth to note that in 9m 2019 against 9m 2018 CMA CGM has decreased its share by 1,16 p.p., while COSCOCS has decreased by 0,12 p.p. and it has allowed COSCOCS to remain the third largest carrier in the Black Sea region. ZIM has decreased its share by 1,17 p.p., from 9,07% in 9m 2018 to 7,90% in 9m 2019, while ARKAS has decreased by 2,06 p.p. and it has allowed ZIM to become TOP-5 carrier of the region. The united Japanese carrier ONE became 10th biggest carrier of the region in 9m 2019, its share stated 2,16%. The highest market share growth in 9m 2019 against 9m 2018 was achieved by Maersk – 2,02 p.p. (24,53% share).

02.09.2019

Black Sea container market review H1 2019

Black Sea container terminals of Ukraine, Romania, Russia, and Bulgaria handled 1 582 932 TEU in H1 2019, including empty containers, excluding transshipment.
This review observes only full containers of the region – 1 176 621 TEU. Total growth achieved by these five countries in H1 2019 was 8,52%, compared to the same period last year.
 
The laden turnover increase was in all countries of the Black Sea region, except Russia. In H1 2019 the highest growth was achieved by Georgia and Ukraine – 30,62% and 17,89% respectively.
 
During this period, 57,54% of full containers handled were imported, while 42,46% of the volume was exported. It is estimated that laden container share was 74,33% and empty container share was 25,67%.
 
Export volumes from the aforementioned countries increased by 6,13% compared to H1 2018. The highest export volume growth was shown by Ukraine – 17,66%. There was a growth of laden export volume in all countries of the region except Romania (-4,93%). In Georgia, Bulgaria and Russia it is stated 14,27%, 4,14% and 3,00% respectively. Imports to the region increased by 10,36%, mainly because of Georgian, Ukrainian and Bulgarian import volume growth of 33,10%, 18,12% and 14,82% respectively. There was an increase of laden import volume in Romania – 7,97%, while in Russia laden import volume decreased by 8,77%.
 
Thus the percentage of laden volume handled by each country in H1 2019 distributed as follows: Ukraine – 32,21%, Russia (Black Sea) – 24,58%, Romania – 20,95%, Georgia – 13,68% and Bulgaria – 8,58%.
 
The top-five container terminals of the region in H1 2019 had a few changes in their positions by total volume handled: DPW (Constanta, Romania) still was on the first place, APMT Poti (Georgia) moved to the second place, while NUTEP (Novorossiysk) shifted down to third. CTO (Odessa, Ukraine) remained fourth, while BKP (Odessa, Ukraine) moved to the fifth place for a first time in recent years, while NLE (Novorossiysk, Russia) moved to the sixth place. All TOP-5 terminals of the Black Sea region except DPW (Constanta) and BKP (Odessa) have achieved volume growth.
 
As for the leading carriers of the region, MAERSK still was a leader, while COSCOCS overcame ARKAS and became third largest carrier of the region. For the first time in recent years, ZIM became TOP-5 carrier at the Black Sea. TOP-5 carriers of the region were: MAERSK, MSC, COSCOCS, ARKAS and ZIM. In total, these carriers controlled 71,40% of this market.
 
In H1 2018 the total market share of Maersk and MSC was 43,18%, but in H1 2019 it has increased by 1,95 p.p. to 45,13%. At the same time, the total share of CMA CGM and COSCOCS was 19,28% in H1 2018, while in H1 2019 it has decreased by 1,50 p.p. and stated 17,78%. It is also worth to note that in H1 2019 against H1 2018 CMA CGM has decreased its share by 1,33 p.p., while COSCOCS has decreased by 0,17 p.p. and it has allowed COSCOCS to become the third largest carrier in the Black Sea region. ZIM has decreased its share by 0,80 p.p., from 9,06% in H1 2018 to 8,26% in H1 2019, it has allowed ZIM to become TOP-5 carrier of the region. The united Japanese carrier ONE became 10th biggest carrier of the region in H1 2019, its share stated 1,98%. The highest market share growth in H1 2019 against H1 2018 was achieved by Hapag Lloyd – 2,46 p.p. (7,87% share).

26.02.2019

Rating of container lines of Ukraine 2018

Rating is based on the data for overall container turnover, without transshipment.
 
Record of market share growth (% of market share) in Ukraine belongs to ZIM 3,01 p.p., Hapag Lloyd 2,04 p.p. and COSCO 1,85 p.p. At the same time record of market share drop was shown by MAERSK -3,94 p.p., MSC -1,10 p.p. and CMA CGM -1,00 p.p. HMM has suspended its activity in Ukraine. After merger between KLINE, NYK and MOL the united carrier – ONE, has started its activity in Ukraine since April and at the end of 2018 it had a market share of 1,68%.
 

19.02.2019

Rating of container lines of the Black Sea 2018

Rating is based on the data for laden container turnover, without transshipment.
 
The record of market share growth (% of market share) in Black Sea belongs to Hapag Lloyd 2,78 p.p., ONE 1,42 p.p. and ZIM 0,81 p.p., while record of market share drop was shown by EVERGREEN -1,82 p.p., MAERSK -1,75 p.p. and ARKAS -1,14 p.p. Hapag Lloyd merged with UASC. HMM has suspended its activity at the Black Sea market.
 

15.02.2019

Black Sea container market review 2018

Black Sea container terminals of Ukraine, Romania, Russia, Georgia and Bulgaria handled 2 927 016 TEU in 2018, including empty containers, excluding transshipment.
This review observes only full containers of the region – 2 188 153 TEU. Total growth achieved by these five countries in 2018 was 8,70%, compared to the same period last year.
 
In 2018, there was a laden container turnover increase in all countries of the Black Sea region. The highest growth was achieved by Ukraine and Georgia – 18,99% and 14,64%. At the same time, Bulgaria, Russia and Romania have achieved 4,52%, 3,94% and 0,35% growth of laden container turnover respectively.
 
During this period, 56,63% of laden containers were imported, with 43,37% of the volume being exported. It is estimated that laden container share was 74,76% and empty container share was 25,24%.
 
Export volumes from the aforementioned countries increased by 3,12% compared to 2017. Ukraine achieved significant growth of export volume – 14,89%. Romania suffered 9,85% decrease of laden export volume, while Georgia, Russia and Bulgaria achieved growth of 6,56%, 5,09% and 1,54 respectively. Import to the region increased by 13,40%, mainly because of Ukrainian, Georgian and Romanian import volume growth of 23,01%, 15,93% and 15,91%. Import volume of Bulgaria and Russia increased by 7,97% and 3,19% respectively.
 
Thus the percentage of laden volume handled by each country in 2018 distributed as follows: Ukraine – 31,58%, Russia (Black Sea) – 25,80%, Romania – 22,02%, Georgia – 12,03%, Bulgaria – 8,57%.
 
The top-five container terminals of the region in 2018 changed their positions in total volumes handled: DPW (Constanta, Romania) and APMT Poti (Georgia) secured their top positions. CTO (Odessa, Ukraine) moved to the third position, while NUTEP (Novorossiysk, Russia) shifted down to the fourth place. At the same time, BKP (Odessa, Ukraine) moved to the fifth place for a first time in recent years, while NLE (Novorossiysk, Russia) moved to the sixth place. All of these terminals except DPW achieved volume growth in 2018 compared to 2017.
 
As for the leading carriers of the region, MAERSK still was a leader; while COSCOCS overcame ARKAS and became third largest carrier of the region. For the first time in recent years, ZIM became TOP-5 carrier at the Black Sea. TOP-5 carriers of the region were MAERSK, MSC, COSCOCS, ARKAS and ZIM. In total, these carriers controlled 71,83% of this market.
 
In 2017 the total market share of Maersk and MSC was 44,45%, but in 2018 it has decreased by 1,23 p.p. to 43,22%. At the same time, the total share of CMA CGM and COSCOCS was 18,65% in 2017, while in 2018 it has increased by 0,38 p.p. and stated 19,03%. It is also worth to note that in 2018 against 2017 CMA CGM has decreased its share by 0,23 p.p., while COSCOCS has increased by 1,06 p.p. and it has allowed COSCOCS to become the third largest carrier in the Black Sea region. At the same time ZIM increased its share by 0,80 p.p., from 8,28% in 2017 to 9,09% in 2018, it has allowed ZIM to become TOP-5 carrier of the region. The united Japanese carrier ONE became 10th biggest carrier of the region in 2018, its share stated 1,42%, but it is worth to note that in fact the carrier became active since April 2018 and its operational period was 9 months only. The market share of ONE is expected to grow in 2019.