In the competition for the ranking of transportation capacity, Ocean Network Express (ONE), headquartered in Singapore, surpassed Evergreen in Taiwan, China, China, and jumped to the sixth place.

Analyst Alphaliner reported that as of August 17th, ONE's static capacity reached 1681897 teu, surpassing Evergreen's 1673600 teu, placing the Japanese shipping company sixth globally.

The broker believes that this is a temporary measure as EVA's cargo ship order volume exceeds 50%, while ONE's order volume only accounts for 27.9% of its current capacity.

Therefore, Alphaliner predicts that EVA Shipping "will regain its sixth place position and begin to distance itself from the seventh ranked shipping company

There is a "buffer" of 200000 teu between the sixth and fifth rankings, and everyone is paying attention to Herbert Roth's charter and new shipbuilding plans, as well as whether the German shipping company can expand by acquiring HMM and adding 1 million teu to its investment portfolio after the bidding process ends on August 21st. If it does make a takeover offer to this Korean shipping company.

Another factor that may affect rankings is the level of competition. This usually depends on a complex calculation, that is, whether a ship can generate sufficient revenue in its later years if it continues to trade, compared to the cost savings from dismantling and the revenue from selling to shipbuilders, which is the price of steel.

The introduction of the European Union Carbon Emissions Trading System (EU ETS) in January next year will make this calculation more complex. It is expected that the EU carbon emissions trading system will introduce similar carbon pricing schemes in other jurisdictions.

Old ships have lower efficiency, but it remains to be seen whether the rates can support upgrade costs, perhaps using alternative fuels.