Year after year the logistics, economic and commercial world are changing, as a result of globalization, supply chains are also undergoing a process of elongation and increasing complexity, with high pressure on activity indicators as levels of activity punctuality, reliability and flexibility and, at the time, on the costs of logistics processes, in a framework of extraordinary competitiveness.
2018 opens a new chapter in which it seems like the never-ending story of mergers, acquisitions and alliances in the shipping industry.
The industry is left with fewer and fewer players and large shipping companies increase their market share. This adds weight to importers' and exporters' concerns about an ever-shrinking number of options.
Below is the list of the top ten largest shipping companies in the world ranked in order of the capacity of the unit equivalent to twenty feet (TEU) of its fleet and the number of container ships.
1 AP Moller-Maersk Group
AP Moller-Maersk Group, is a Danish business conglomerate with activities in the transport and logistics and energy sectors. Maersk has been the largest container and supply ship operator in the world since 1996.
2 Mediterranean Shipping Company (MSC)
MSC Mediterranean Shipping Company SA (MSC) is the world's second largest shipping company in terms of container ship capacity. At the end of December 2014, MSC was operating 471 container ships with an intake capacity of 2,435,000 equivalent twenty-foot units (TEUs).
3 CMA CGM Group
CMA CGM SA is a French container shipping and shipping company. It is a world-leading shipping group, using 200 shipping routes between 420 ports in 150 different countries. It is headquartered in Marseille and is headquartered in North America in Norfolk, Virginia, United States.
4 COSCO Shipping Co. Ltd.
COSCO Shipping Corporation Limited, also known as China COSCO Shipping Group or China COSCO Shipping , is a Chinese business conglomerate and a Shanghai-based state-owned company.
Hapag-Lloyd is a multinational transport company based in Germany. It consists of a cargo container transport line, Hapag-Lloyd AG, which in turn owns other subsidiaries such as Hapag-Lloyd Cruises. The Hapag-Lloyd AG container transport arm is currently the fifth largest container carrier in the world in terms of ship capacity.
6 ONE- OCEAN NETWORK EXPRESS Line
In April 2017, 'K' Line, MOL and NYK began serving as "THE Alliance" with other major domestic and foreign shipping companies. Ocean Network Express will continue to provide services as a member of the alliance.
7 Evergreen Marine Corp.
Evergreen Marine Corporation is a Taiwanese container shipping and shipping company. Headquartered in Luzhu District, Taoyuan City, Taiwan, Evergreen Marine is a global container shipping company. Its main trade routes are: Far East to North America, Central America and the Caribbean.
OOCL is one of the world's largest integrated container, logistics and terminal transport companies with more than 320 offices in 70 countries around the world. OOCL has 57 vessels of different classes, ranging from 2,992 equivalent units (TEUs) to 21,413 TEU, including two ice-class vessels for extreme weather conditions.
9 Yang Ming Marine Transport Corp.
Yang Ming Marine Transport Corporation is a shipping company headquartered in Keelung, Taiwan (ROC). This shipping line was founded in 1972, but has historical links through its merger with China Merchants Steam Navigation Company, which dates back to the Qing Dynasty (1872-1995). Yang Ming currently operates 84 container ships up to 8,250 equivalent units of twenty feet (TEU) and 17 bulk carriers.
10 PIL (Pacific International Lines)
PIL private company incorporated in Singapore that operates a range of businesses ranging from shipping to container manufacturing and other logistics related services.