Top 10 shipping companies in world 2024

Top shipping companies in world 2024

Here are some of the top shipping companies in the world :

Evergreen Line

This Taiwanese company has the world’s largest container ships with a capacity of over 1,478,000 TEU. Evergreen is known for its green colored containers and for navigating vital trade routes.

APM-Maersk

This Danish company has a fleet of approximately 738 container ships and a capacity of around 4,275,000 TEU.

Mediterranean Shipping Company (MSC)

This private company offers shipping and logistics services to over 150 countries. MSC’s services include dry cargo reefer cargo oversized cargo marine cargo insurance inland transportation warehousing and storage facilities.

DHL Express

This international shipping company is known for its speed reliability and broad network. DHL offers many express shipping options & is a good choice for eCommerce businesses that need quick deliveries and so fast.

Other top shipping companies include:

• COSCO SHIPPING Holdings Co. Ltd.
• Hapag-Lloyd AG
• Nippon Yusen Kabushiki Kaisha
• Orient Overseas International Ltd.
• ZIM Integrated Shipping Services Ltd
• Mitsui O.S.K. Lines Ltd.
• Kawasaki Kisen Kaisha Ltd.
• Dampskibsselskabet NORDEN A/S
• Matson Inc.

Top 10 shipping companies in world 2024

The top 10 shipping companies in the world for 2024 based on their TEU capacity are:

Mediterranean Shipping Company (MSC)

• TEU capacity: 5.15 million
• Headquarters: Geneva Switzerland
• Fleet size: Over 780 vessels
• Founded: 1970 by Gianluigi Aponte
• Operates in 155 countries with 675 offices.

Services:

• Container shipping
• Terminal operations
• Intermodal services (rail, truck, and barge)
• Logistics and warehousing

Sustainability Initiatives:

MSC is investing heavily in energy-efficient vessels including LNG-powered ships.

Interesting Fact: MSC recently overtook Maersk to become the world’s largest shipping company by capacity, marking a major shift in the industry.

APM-Maersk

• TEU capacity: 4.28 million
• Headquarters: Copenhagen, Denmark
• Fleet size: Around 700 vessels
• Founded: 1904 by Peter Mærsk Møller and Arnold Peter Møller
• Global Reach: Operates in over 130 countries with around 80,000 employees.

Services:

• Container shipping
• Integrated logistics solutions (door-to-door deliveries)
• Terminal operations (APM Terminals)
• Supply chain management

Sustainability Initiatives:

Maersk is leading the way with its goal of becoming carbon-neutral by 2040.

Digital Innovations: Maersk is investing in digital platforms such as Trade Lens a blockchain-based shipping platform.

Interesting Fact: Maersk was the world’s largest shipping company for over two decades until MSC overtook them in 2022.

CMA CGM Group

• TEU capacity: 3.57 million
• Headquarters: Marseille, France
• Fleet size: Over 620 vessels
• Founded: 1978 by Jacques Saadé
• Global Reach: Operates in more than 160 countries with over 400 offices and 150,000 employees.

Services:

• Container shipping
• Port operations
• Logistics (CEVA Logistics, which CMA CGM acquired in 2019)
• Air cargo (CMA CGM Air Cargo)

Sustainability Initiatives:

• CMA CGM operates one of the largest LNG-powered fleets globally aiming to reduce greenhouse gas emissions.
• Digital Innovations: The company has developed the Solutions platform offering digital booking and cargo tracking services.
• Interesting Fact: CMA CGM is known for its fast expansion and investment in multi-modal logistics including air freight services.

COSCO Shipping Lines

• TEU capacity: 3.12 million
• Headquarters: Shanghai China
• Fleet size: Over 500 vessels
• Founded: 1961 (merger with China Shipping in 2016 to form COSCO Shipping)
• Global Reach: Operates in over 120 countries with more than 350,000 employees.

Services:

• Container shipping
• Bulk and general cargo shipping
• Terminal operations
• Logistics and warehousing

Sustainability Initiatives:

COSCO has launched several LNG-powered vessels to reduce carbon emissions.

Interesting Fact: COSCO Shipping controls a significant number of ports worldwide including stakes in several major European ports such as Piraeus in Greece.

Hapag-Lloyd

• TEU capacity: 1.84 million
• Headquarters: Hamburg, Germany
• Fleet size: Over 250 vessels
• Founded: 1847
• Global Reach: Operates in more than 120 countries with over 13,000 employees.

Services:

• Container shipping
• Logistics services (supply chain management)

Sustainability Initiatives:

Hapag-Lloyd is heavily investing in fleet modernization and eco-friendly ship designs.

Interesting Fact: Hapag-Lloyd operates the world’s first large LNG-powered container ship and the company is known for its focus on innovation and sustainability in shipping.

Ocean Network Express (ONE)

• TEU capacity: 1.52 million
• Headquarters: Tokyo, Japan
• Fleet size: Around 220 vessels
• Founded: 2017 (merger of NYK Line MOL and K Line)
• Global Reach: Operates in 120 countries

Services:

• Container shipping
• Terminal operations

Sustainability Initiatives:

ONE is working to develop more fuel-efficient vessels and reduce sulfur oxide emissions.

Evergreen Marine

• TEU capacity: 1.52 million
• Headquarters: Taipei, Taiwan
• Fleet size: Over 200 vessels
• Founded: 1968 by Yung-Fa Chang
• Global Reach: Operates in over 100 countries with more than 10,000 employees.

Services:

• Container shipping
• Logistics and port services

Sustainability Initiatives:

Evergreen is modernizing its fleet to include more environmentally friendly vessels.

HMM (Hyundai Merchant Marine)

• TEU capacity: 820,000
• Headquarters: Seoul South Korea
• Fleet size: Around 75 vessels
• Founded: 1976 by Hyundai Group
• Global Reach: Operates in 110 countries with more than 4,000 employees.

Services:

• Container shipping
• Bulk and oil shipping
• Logistics services

Sustainability Initiatives:

• HMM is committed to reducing sulfur emissions and adopting eco-friendly vessels including LNG-powered ships.

Yang Ming Marine Transport Corporation

• TEU capacity: 670,000
• Headquarters: Keelung Taiwan
• Fleet size: Over 90 vessels
• Founded: 1972

Services:

Container shipping
Terminal operations

Sustainability Initiatives:

Yang Ming has made efforts to upgrade its fleet with more energy-efficient vessels and lower emissions.

ZIM Integrated Shipping Services

• TEU capacity: 553,000
• Headquarters: Haifa, Israel
• Fleet size: Around 150 vessels
• Founded: 1945
• Global Reach: Operates in over 70 countries with around 5,000 employees.

Services:

• Container shipping
• Specialized cargo handling

Sustainability Initiatives:

ZIM has implemented new technologies to optimize fuel efficiency and reduce emissions.

Interesting Fact: ZIM focuses on niche markets and routes particularly between Asia and the Americas where it has a strong presence.

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