The biggest shipping company in the world is A.P. Moller-Maersk Group that is a Danish business and has the world’s largest container. Also, the best international shipping company is FedEx that has great international parcel shipping costs from the U.S to throughout the world. In addition, it is one of the largest companies. Furthermore, Maersk Line is the largest container shipping company. However, it is part of A.P. Moller-Maersk Group. So you should know that Greece owns the most ships. Maybe price is important for you, if it is so, USPS is a good choice since its international shipping rates are cheaper than UPS and FedEx.
It’s good to know that China has the most cargo ships and the highest valued container fleet. In this essay, I’m going to introduce the top shipping companies as businessmen are eager to choose the best company. First, you will get to know these 10 companies following by introducing 30 international companies.
Top Ten Shipping Companies
Now, let’s look at the world’s largest shipping companies and their huge fleets of container ships as container shipping is one of the most essential and necessary means of cargo transportation in the sea freight. Here ten of the top container shipping companies based on the cargo capacity has been listed below as follows:
1. A.P. Moller–Maersk Group
It is also referred to as Maersk that is a branch of the AP Moller- Maersk company. In addition, the basis of this company is in Denmark with 76,000 employees in 130 countries and ships around $675 billion worth of goods each year. Also, it provides transport and logistic services that has 711 container ships with a TEU capacity of 4.2 million.
2. Mediterranean Shipping Company (MSC)
It is a Swiss international cargo company established in 1970 that gives shipping and logistics solutions and provides international trade between major countries. Also, it stops at 500 ports around the world and offers intermodal transportation services including door to door, factory to consumer, and a combination of transport solutions to fulfill their delivery obligations. It also owns more than 524 container ships and is one of the most extensive cargo companies in the world with a capacity of 3.8 million TEU.
It’s the abbreviation of China Ocean Shipping Company. It has more than 360 dry bulk vessels and 10,000 ships that stop at more than a thousand ports. Now, COSCO works in more than 40 countries with a fleet of 461 container ships and the capacity of 2.9 million across 503 container ships.
4. CMA CGM Group
This French container shipping company established in 1978. Now, it is the fourth largest shipping company with branches in 160 countries. It should be mentioned that it is the abbreviation of “Maritime Freighting Company – General Maritime Company” and gives many international services such as vessel- and container fleet management, freight delivery, cargo cruises, and logistics. Moreover, it has a fleet of over 505 ships with a TEU capacity of 2.7 million.
This is the most renowned German-based company founded in 1970. It has five headquarters in Piscataway, Hamburg, Valparaiso, and Singapore and gives services to 128 countries. Also, the Hapag-Lloyd fleet stops at 600 ports to provide international trade connections. And now, it is world’s fifth largest shipping company that has 231 ships with a capacity of 1.7 million TEU.
6. Ocean Network Express (ONE)
ONE is a Japanese company that is headquartered in Singapore and founded for reinforcing services in Asia in 2017. It also has local offices in 90 countries. In addition, this company has a fleet of 222 vessels and a TEU capacity of 1.6 million that makes it one of the largest container shipping companies in the world.
7. Evergreen Marine Corp.
It’s a Chinese-based company founded in 1968. Today, this company has branches all over the world. It has the capacity of more than 203 container ships with carrying capacity of 12,19406 TEU. Also, it is headquartered in Taiwan and stops at 240 ports throughout the world.
8. Yang Ming Marine Transport Corporation
It’s one of the oldest and largest shipping companies that was founded in 1972. Also, it gives international shipping and logistics services to Asia, Europe, America, and Australia with a fleet of 101 container ships and container carrying capacity of 646,347 TEU.
9. Pacific International Line (PIL)
This ninth largest shipping company was founded in Singapore in 1967. PIL focuses mainly on container shipping. It gives services to 100 countries in the world. Furthermore, PIL provides solutions pertaining to container manufacturing, supply chain management, logistics, and ship recycling. Therefore, it has a fleet of 128 and a capacity of 420,039 TEU.
10. Hyundai M.M.
It has an important role in developing the economy of Korea that was founded in 1976. In addition to international shipping solutions, HMM provides solutions for dry, refrigerated, and specialized cargo and has international terminals, railroads, trucks, and offices in order to provide useful logistics services. Also, Hyundai M.M. has a capacity of 391,403 TEU with a fleet of 72 vessels.
TOP 20 INTERNATIONAL SHIPPING COMPANIES
Now, it’s time to present the top 30 international shipping companies with a brief company profile for each one. As I explained the first 10 companies above, here I introduce the next 20. This list shows the 20 largest cargo shipping companies in the world.
1. ZIM INTEGRATED SHIPPING SERVICES
It is an Israel-based shipping company and a main international carrier.Also, it has headquarters in Haifa, Israel; Norfolk, Virginia; and Hamburg, Germany with 170 branches around the world. In addition, ZIM has 80 vessels with services of dry and reefer cargo shipping and inland transport.
Wan Hai Line offers services of international shipping and logistics, port container terminal operations, ship, and container rental services, and ship and container trading. It is a Taiwan-based company and manages a fleet of 96 vessels.
3. ZHONGGU LOGISTICS CORPORATION
Zhonggu Logistics Corporation is a Chinese company with a fleet of 60 vessels, and more than 150,000 standard containers. It stops at more than 100 commercial routes.
4. ISLAMIC REPUBLIC OF IRAN SHIPPING LINES (IRISL GROUP)
IRISL Group is Iran’s national maritime carrier. It has many services such as container transport, cargo transportation, ship management, and shipping services in the Caspian Sea. It also offers services in other places like the Persian Gulf, Mediterranean Sea, Indian Ocean, and the Yellow Sea. IRISL has a fleet of 87 vessels.
5. KOREA MARINE TRANSPORT COMPANY (KMTC)
KMTC is a South Korea-based company that provides shipping solutions and has branches in Busan, Incheon, and Ulsan. Furthermore, it gives services to 30 ports in Japan and 16 ports in China.
6. ANTONG HOLDINGS (QASC)
This company is in China that offers services of freight transportation, logistics, ship management, freight forwarding, and warehousing solutions. Also, the company’s activities are in the domestic market and not international ports.
7. SHANDONG INTERNATIONAL TRANSPORTATION CORPORATION (SITC)
SITC provides services such as integrated logistics and transportation solutions. Also, the company has two types of services. The first is sea freight that offers marine transportation services and the second one is land-based services providing freight forwarding, warehousing, depot, and trucking solutions in Asia. In addition, other activities of this company consist of investment holding and vessel holding and chartering.
8. X-PRESS FEEDERS GROUP
It gives international logistics and shipping services and manages routes in the Middle East, Asia, the Caribbean, Central America, the Mediterranean, and Europe.
Also, this group has a fleet of 110 vessels but it doesn’t own any container equipment. You should know that the headquarters of the company is in Singapore and has branches in Dubai, Hamburg, Barcelona, Southampton, and Panama.
9. TS LINES
First it operated chartered vessels but now it has its self-owned fleet. Currently, it manages 36 chartered and owned ships and is Taiwan’s fourth-largest ocean freight company. are The basis of TS Lines’ working model is freightliner. Consequently, the company manages container ships according to scheduled timeframes and routine ports.
10. SM LINE CORPORATION
SM Line Corporation uses Busan as a hub port and gives cost- and time-effective services. Furthermore, it improved its financial structure by separating vessel ownership and operation. The company has a partnership with COSCO.
11. ARKAS LINE / EMES
It works on several levels consisting ship & port operations, and logistics services. In addition, the company runs in 23 countries with 59 offices in Turkey, Greece, Italy, Spain, Portugal, Germany, Marocco, Algeria, Egypt, and Ukraine. Arkas has a fleet with 37 vessels.
Sinotrans is a Chinese company that focuses mainly on freighting goods that involves the transportation within specific time. This service consists of shipping agency solutions. Furthermore, Sinotrans has storage and terminal services providing warehousing, container yards, and freight stations. This company also offers truck & shipping transportations, as well as express services.
13. SINOKOR MERCHANT MARINE
It offers global container liner solutions including container load services, shipping, logistics and consultation services. Now, in addition to having offices in India, Vietnam, Cambodia, Bangladesh, Pakistan, and the UAE, Sinikor’s container liner services cover 16 countries (China, Japan, Russia, Malaysia, Thailand, Singapore, the Philippines, Indonesia, and Myanmar) in 60 ports.
14. RCL (REGIONAL CONTAINER LINES)
The basis of Regional Container Lines is in Thailand that runs international vessel operations. Moreover, the company has a fleet of container vessels that goes to Australasia, Asia, and the Middle East. Also, it includes carrier-owned-container, shipper-owned-container, and value-added logistics services involving custom house brokerage, domestic haulage, and contract logistics arrangements.
15. PT SALAM PACIFIC INDONESIA LINES (PT SPIL)
PT SPIL is an Indonesia-based company that carries out inter–island freight. It also has a fleet including 73 vessels with 29 offices in the Indonesia.
The basis of Unifeeder is in Denmark and works between Gothenburg and Hamburg, Rotterdam, and Bremerhaven. It should be mentioned that Unifeeder covers 45 ports in Europe, and they provides door-to-door solutions to land-locked countries such as Switzerland and Austria. Also, it has cost-effective and safe container transport solutions. Its services are preferred to rail and road transport.
17. MATSON INC
It provides logistics services and ocean transportation solutions. Matson also offers freight transportation services and domestic economies in Hawaii, Guam, and Alaska. In addition, it has a fleet that includes 20 owned and three chartered vessels.
The company has worked for more than thirty years and has agents and offices. It also focuses on Africa to other countries.
This Chinese company offers shipping services to Asia and South Pacific regions, Australia, New Zealand, North America, Europe, the Indian Subcontinent, and the Middle East.
20. GRIMALDI (NAPOLI)
This company is an Italy-based company offering a wide range of logistics and shipping solutions that includes Grimaldi Lines( a cargo and ferry company), Atlantic Container Line (a container-based cargo service), and Minoan Lines (a ferry company runs between Italy and Greece). Moreover, It transports shipping containers, automobiles and other vehicles, and machinery.