Shipping strategies: The rose of global liner alliances in the port of Piraeus. The Jean Monnet Symposium on the Future of European Port Policy

Transcription

1 #EPPSymposium218 The Jean Monnet Symposium on the Future of European Port Policy Shipping strategies: The rose of global liner alliances in the port of Piraeus Dr. George K. Vaggelas Dept. of Shipping, Trade and Transport University of the Aegean June Chios, Greece

2 Preamble Questions to be answered: 1. How the strategic planning of a liner alliance affects the development prospects of a container port? 2. How the relations inside the alliance are reflected on port selection The scope: 1. To identify linkages between an alliance and the ownership structure of a container port 2. To identify the port s importance for the global trade 3. To better understand the evolvement of alliances strategies

3 The Shipping Alliances M Source: Elaboration of data from Alphaliner 33,8% Supply share per alliance The Ocean Alliance Capacity (TEU) 28,87% 17,8% The Alliance % of the total capacity 2,98% Rest of the fleet Major 3: 79,3% of the global supply 35,% 3,% 25,% 2,% 15,% 1,% 5,%,%

4 The leader ,38% 44,62% 41,26% 4,38% 42,15% 31,65% 16,59% 17,27% 1,7% TEU Capacity % of the alliance capacity 6,% 5,% 4,% 3,% 2,% 1,%,%

5 A brief of (port) history The port of Piraeus

6 Source: Piraeus Port Authority S.A. The port of Piraeus Annual capacity: 6.5 m. TEUs

7 Some throughput data EU level Source: Porteconomics.eu Theo Notteboom

8 Some throughput data National level Container Throughput (TEU) PPA SA PCT SA Total Source: GREPORT 216 & GREPORT 218, Vaggelas G.K. & Pallis A.A.

9 #EPPSymposium218 Data collection and elaboration June Chios, Greece

10 Data Collection AIS data collection (marinetraffic.com) Daily observations Period: April 2, 218 June 2, 218 Total: 69 observations 538 container ship calls Pier I (PPA SA) and Piers II & III (PCT SA) Data collected: Vessel s name Vessel s capacity in TEU Previous Port Next port Ship management company The alliance in which the vessel belongs

11 Container fleet break down Calls per type of vessel & average size Feeder Panamax Post Panamax I Post Panamax II New Panamax VLCS ULCS

12 Container fleet break down Annual max capacity of vessels calling Piraeus: ΤΕUs Capacity Category Calls Mean cap Min cap Max cap <3. Feeder Panamax Post Panamax I Post Panamax II New Panamax VLCS >18. ULCS

13 Itineraries 3 countries 78 ports (next or prior to Piraeus ports) 5 itineraries / month from Saudi Arabia (Direct) 4 itineraries / month from Malaysia (Port Klang- Direct) 9 itineraries / month from Singapore (Direct)

14 Liner companies Liner Company Calls per month Average capacity per call MSC COSCO Evergreen CMA-CGM Hapag Lloyd EMES Arkas X-press Feeder Borchard Lines Yang-Ming ZIM Blue ice navigation 4 7 Maersk MCL Feeder Services Salamis Lines 4 7 Unimed Feeder Seago Line Medkon Lines NYK ONE Shipping OOCL Tarros

15 Alliances calls Calls and monthly capacity per alliance Ocean Alliance 2M The Alliance Call/month Monthly capacity

16 Alliances average capacity per call Ocean Alliance 2M The Alliance

17 Alliances calls break down The Alliance Hapag Lloyds ONE Yang Ming Monthly calls Monthly max capacity Ocean Alliance COSCO Evergreen CMA-CGM OOCL

18 Alliances calls break down Maersk MSC 2M

19 Conclusions1/2 Piraeus port more than tripled the container throughput (TEU) in the last 8 years The presence of a major Shipping Line acting also as I.T.O. plays a significant role Piraeus port is embedded in the Asia-Europe Services of the Three-Major Alliances It is well connected with major ports around the globe. Well established port in the European-North African feeder network

20 Conclusions 2/2 Ocean Alliance is the major client of the port s container terminals (53,14% in terms of capacity and 69,5% in terms of calls) COSCO is the major player in the Ocean Alliance for the port of Piraeus (49,8% in terms of capacity and 4,19% in terms of calls the same as CMA- CGM) Outside the Ocean Alliance, MSC is the major user of the port of Piraeus. Question-mark: How the privatization of the port of Thessaloniki will affect the CMA-CGM services at the port of Piraeus