9 9-1 9-2 9-3 9-3-1 9-3-2 9-3-3 9-3-4 9-3-5 9-3-6 9-4 9-5

1956Malcom McleanIdeal-X

19952001911(security)20032005

() 1956 500 TEU

() 19661970 1,000 TEU (ISO)

() 19711983 2,000 TEU // 96

() 1984 3,000 TEU Post-Panamax 10,000 TEU 1990

(hub-and-spoke)hubhub4548

1984198819601990(Super Post Panamax)80001200015000

19966000TEU()(Regina Maersk)7000TEU8000TEU12000TEU

12-1

196019701980()1980()1990()1990()1997-2003()TEU752188724644626434064187060m187263247281261302332m26.032.232.232.339.442.842.810.511.513.213.512.514.014.522.626.019.524.524.225.026.4

Barry Rogliano Salles5000TEU19961%200162.2TEU12.7%1991180TEU200140TEU2003610TEU2006780TEU(11-2)5000TEU5000TEU230TEU30%

12-2

5000TEU(TEU/)(TEU/)/%1MAERSK232544/36844626/32827.5/10.92MSC99872/15516876/21719.3/6.93EVERGREEN131896/23442310/15229.8/15.14P&O nedlloyd100648/16419527/15724.0/10.25CMA CGM52759/8299174/15017.6/5.36HANJIN110460/20290677/7638.0/26.37COSCO76550/14274128/14827.9/9.48APL106790/20273573/8239.0/24.4

12-2

9NYK93222/15233934/9139.8/16.510MOL49594/8222533/7222.3/11.111CP Ships0201706/85-12K Line67132/12186017/6336.1/19.013OOCL114878/20185502/5561.9/36.414ZIM0174480/79-15Hapag-Lloyd30024/4154850/4119.4/9.7

5000TEU(TEU/)(TEU/)/%

CRS2003108000TEU78632701TEU7000TEU1006000TEU()8000TEUMAERSK20038969930TEU336.4m15m2006(Seaspan)2003188100TEU20031089500TEU2007

6000TEU

MAERSK6x66002004-2006MSC4x8080 10x80302x7750 1x67502004-20052003EVERGREEN8x8100 10x67242005-2006 2005-2007P&O Nedlloyd6x81522004-2006CMA CGM8x82002006HANJIN5x77002005-2006COSCO5x75002004MOL3x64002005NYK3x6238 1x62002003-2004 2003-2004K Line4x81202006-2007OOCL8x80632004-2006Yang Ming4x80002006-2007Hapag-Lloyd3x80002005-2006CSCL5x80762004-2005Hyundai5x68002006

(ULCS)2003(Port Technology International)(Ultra Large Container ShipULCS)12500TEU381m2214.5m450m990m16m24

12-14m

119902005199026%200535%/

19902001 2005200518.95% 12.61%11.10% 9.3%/43.82%34.27%30.51% 8.6%7.46%8.41% 7.71%7.5%26.17%30.36% 35.18%13.3% 11.01% 14.91%13.51%10.3%/6.11% 7.34% 8.13%14.2%//9.49% 11.78% 10.41%11.1%2.00% 3.40% 3.39%15.6%2.65% 2.15% 1.88%3.7% 3.74%3.70% 4.20% 15.2% 100.00%100.00%100.00%11.4%

1. (11-5)Maersk-Sealand

Grand AllianceNYKP&O-NedlloydHapag-LloydOOCLMISCNew World AllianceMOLAPLHMMCOSCO/K-Line/YMLCOSCOK-LineYMLUnited AllianceHJSDSR SenatorUSAC

2. 901997-2000

1997HanjinDSR SenatorCP ShipsLikes LinesContshipNOL APL1998P&ONedlloydP&ON P&ONBlue Star Lines CP ShipsIvaran Lines ANZDLHamburg SudAlianca South Seas SteamshipEvergreenLloyd Triestino DAmicoItalia Line1999AP MollerSea-LandSafmarine P&ONTasman Express CSAVCompanhia LibraMontemar Hamburg SudTransroll Intem2000CP Ships Christensen Canadian African LinesCSAVNorasia P&ONFarrell LinesHarrison LineGrimaldiACL 40%2001GrimaldiACL90%Tropical ShippingKent LineCSAVCCNI 26%2002CP Ships Italia di NavigazioneAP Moller Torm LinesWan Hai Trans Pacific Lines2003AP Moller SCF Oriental Lines Hamburg SudKien Hung Shipping2004Castle HarlanHorizon Lines2005AP Moller P&ON Hapag-LloydCP Ships2006?

100%

(1) ()(feeder ship)

(2)

(3)

1990(door to door)

(1) MAERSKPTP30%COSCOP&O

(2)

() ULCS(Hub-spoke systems)

()

()

:TEU

19996986312984202000742754399561200175480750763320028499457618612003884103710611128

()

:

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