Unifeeder triples Intra-Mediterranean market share

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Unifeeder triples Intra-Mediterranean market share

Unifeeder, part of DP World Marine Services, has achieved significant growth in the intra-Mediterranean trade sector in 2024, tripling its market share to 4.3 per cent.

According to global shipping industry analysts Alphaliner, Unifeeder recorded the highest capacity growth of all carriers in the region, positioning it among the top six operators in the Mediterranean by deployed capacity.

Unifeeder’s fleet in the Mediterranean now includes 20 containerships with a total capacity of 24,000 TEUs, bringing it on par with global shipping leader COSCO SHIPPING Lines in the region. Over the past 12 months, Unifeeder has launched seven new intra-Mediterranean services, adding 10,600 TEUs of capacity and increasing its average vessel size to 1,186 TEUs.

Ganesh Raj, Global Chief Operating Officer of DP World Marine Services, said: “Unifeeder’s success in the intra-Mediterranean and Black Sea regions reflects our ability to adapt to evolving market dynamics and deliver tailored solutions to the changing needs of our customers.

“By expanding our services and fleet, we are meeting the growing demand for intra-regional connectivity and creating long-term value for our customers. These achievements demonstrate the critical role of regional operators in supporting global trade and strengthening supply chains,” Raj continued.

READ: Unifeeder opens new office in Panama City

Martin Gaard, CEO of Unifeeder A/S, commented: “The shipping industry is going through profound shifts, with geopolitical and economic factors driving the need for more agile and responsive supply chain solutions.

“Our growth in the intra-Mediterranean market and expansion in the Black Sea reflect our strategic focus on meeting these demands. By offering reliable, flexible and efficient regional services, we enable our customers to navigate these complexities, reduce operational complexity, and enhance their market reach.

“The growth we have seen last year underscores our role as a trusted partner to businesses seeking cost-effective and sustainable shipping options in a rapidly evolving landscape.”

Last summer, Unifeeder A/S and MPC Container Ships ASA (MPCC) announced a new strategic partnership to make collaborative investments in Energy Efficiency Technology.

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