News / Hanjin alliance partners lose out with transpacific market share up for grabs

The four remaining members of the CKYHE alliance are the biggest losers in the Hanjin Shipping bankruptcy, in terms of market share on the transpacific trade.

Alphaliner data shows that Cosco, K Line, Yang Ming and Evergreen have either lost Asia-US market share since 1 September, or have recorded flat volumes.

Other carriers on the route, including Hanjin’s South Korean compatriot Hyundai Merchant Marine (HMM), have all seen carryings increase since Hanjin’s sudden demise, said the consultant.

According to Alphaliner, HMM’s market share grew 1% ...