Will the freight market be more profitable in 2025?!

2024-10-29 15:39

According to MNavigation, with the updates of routes and alliance announcements from major shipping companies such as TOP10, the shipping market in 2025 is about to undergo a major transformation. The restructuring of major shipping alliances will bring more choices and challenges to shippers and shipping companies. Behind this change lies profound strategic considerations and the complexity of market adjustments.

Renowned industry analyst Lars Jensen stated that due to changes in shipping alliances, there may be an increase of two to three flights from Asia to Europe, depending on the severity of the Red Sea crisis.

In fact, according to MNavigation, as major shipping companies release their 2025 network adjustment plans, the market landscape is gradually becoming clearer. The Gemini Cooperation between Maersk and Hapag Lloyd has released two different network solutions. The first option is to fine tune the network foundation announced in 2024, mainly relying on free passage through the Suez Canal. Another option is to continue circumnavigating Africa while the Red Sea crisis remains unresolved. This adjustment resulted in a reduction in services between Asia and Europe through the African network, as well as a decrease in services between Asia and the east coast of Europe.

In addition, Mediterranean Shipping Company (MSC) will become the only company offering direct routes from Asia to Gothenburg and Aarhus, which is particularly noteworthy. This measure indicates that MSC's independent operation strategy on the East and West routes will significantly enhance its market competitiveness.