Unifeeder triples market share

Unifeeder, part of DP World Marine Services, achieved large growth in the intra-Mediterranean trade sector in 2024, tripling its market share to 4.3% and solidifying its position as a key regional operator.

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 container ships with a total capacity of 24,000 TEU, bringing it on par with global shipping leader COSCO Shipping Lines in the region. Over the past 12 months, Unifeeder has launched seven intra-Mediterranean services, adding 10,600 TEU of capacity and increasing its average vessel size to 1,186 TEU.

These strategic moves reflect Unifeeder’s ability to meet the evolving needs of regional trade and enhance connectivity across the Mediterranean and Black Sea. Later this month, Unifeeder will expand its services in the Black Sea, further strengthening its regional presence.

The intra-Mediterranean trade sector has seen an overall capacity expansion of 9.3% - almost 50,000 TEU, compared with December 2023. Within this growing market, Unifeeder’s market share has surged from 1.5% to 4.3%, moving it up five places to the sixth spot among the largest operators in the region by deployed capacity.

Unifeeder chief executive Martin Gaard 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."

Unifeeder’s sustained investment in the Mediterranean and Black Sea aligns with DP World Marine Services’ vision to connect markets and simplify trade for businesses worldwide.