The transpacific carriers landscape has changed significantly since 2019, with
competition remaining very keen amongst the incumbent carriers even as newcomers
carved out a 4% share of the market.
MSC has been the most aggressive carrier, chalking up a 160% increase in
liftings in the first 6 months of 2022 compared to the same period in 2019.
However, MSC has struggled to maintain the growth momentum since the start of
the year as it is heavily reliant on the weakening spot market.
At the o