b'APRIL 18 - MAY 15, 2022OCEAN CARRIER REVIEW 9(ALLIANCEScontinued from page 6) Ocean Carrier Alliances whichwaspassedbythe Senate on March 31.From a port perspective,Total Owned Chartered Orderbookan alliance puts a lot of eggsOcean Carrier Ships TEU Ships TEUShips TEU Ships TEU(orsteamshiplines)inone very fragile basket. The loss2M Allianceof an alliance call can be dev- 2 Maersk 7374,279,7603372,500,3824001,779,37829319,100 astating to a port as it is the1 Mediterranean Shipping Co. 6624,337,3843231,707,0943392,630,290771,194,394 equivalent to losing a numberTotal1,399 8,617,1446604,207,4767394,409,6681061,513,494 oflineswithouttheformer advantageofbeingableTHE Alliancetosalvagethesituationby5 Hapag-Lloyd 2461,741,9801131,061,410133680,57022415,588 appealing to another carrier.6 ONE (Ocean Network Express) 2091,526,93791793,211118733,72624326,642 Andfromtheshippers8 Hyundai Merchant Marine 76820,52035551,48441269,03612161,088 perspective the alliances have9 Yang Ming Marine Transport Corp. 93666,16450211,68443454,480559,300 failedtodeliverthegoods.Total 6244,755,6012892,617,789 335 2,137,812 63 962,618 And demurrage and detention fees have become a sore spot withshippers,consideringOcean Alliancethat Sea Intelligences Global3 COSCO Group (includes OOCL) 5783,274,7751981,453,3213801,821,45455452,523 Liner Performance was up 44 CMA CGM Group 4752,928,1141761,559,2322991,368,88234586,672 percentage points in February7 Evergreen Line 2001,504,564122785,91178718,65363623,228 to34.4%.FewshipperscanTotal1,253 7,707,4534963,798,4647573,908,9891521,662,423 take much solace in the factAlliances Total 3,276 21,080,198 1,445 10,623,729 1,831 10,456,469 321 4,138,535that vessels on time arrivals are now down to 7.11 days. Source: Alphaliner 04/02/2022Addedtothepoorper-formanceofoceancarriers withinthealliancesisthe fact that exporters have been unable to secure slots for their products. As the ocean carri-ers have prioritized returning emptiesto Asiaoverfilling boxeswithoftenlessvalu-ableexportcommodities. Thishasalsocontributed toshipperdiscord.Ameri-canFarmBureauFedera-tion (AFBF) President Zippy Duvall commenting after the Senate approval of the OSRA bill, noted Farmers have lost outonupto$4billionin agriculturalexportsbecause oflackofaccesstoexport containers,recordshipping costs and harmful surcharges. Limited trade has also ham-pered farmers ability to get crucial supplies like fertilizer at a time when supply chains are already stressed.The ocean carriers dispute thefingerbeingpointedat them and the need for an over-haulofOSRA.JohnButler, PresidentandCEOofthe World Shipping Council said inrebuttaltotheannounce-mentoftheSenatevoteon OSRA,Thetruthisthat with demand for ocean trans-portationservicesintothe U.S. at record levels, market dynamicsareinfluencing pricesnot carrier alliances. [EditorItalics]Thesevessel sharing agreements (VSA) are (ALLIANCEScontinued on page 18)John Butler, President and CEO of the World Shipping Council'