Shipping container companies drive global trade. With the demand for container shipping higher than ever, it’s essential to know which companies are leading the industry in 2024. In this blog, we’ll introduce you to the top 10 shipping container companies and their services.
Whether you’re looking for dependable routes or better rates, knowing who the key players are will help you make informed choices. Let’s dive into the top shipping container companies and see which trusted names are driving the industry forward.
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Top 10 shipping companies in the world
According to Alphaliner, these are the top 10 shipping companies ranked by the number of TEU containers they own.
Top 10 shipping container companies in the world | ||||
Rank | Company | Total TEU | Fleet Capacity (Ships) | Headquarters |
1 | Mediterranean Shipping Company (MSC) | 6127485 | 861 | Geneva, Switzerland |
2 | Maersk | 4395066 | 716 | Copenhagen, Denmark |
3 | CMA CGM Group | 3793632 | 643 | Marseille, France |
4 | COSCO Shipping Lines | 3279936 | 508 | Shanghai, China |
5 | Hapag-Lloyd | 2249765 | 292 | Hamburg, Germany |
6 | Ocean Network Express (ONE) | 1938647 | 246 | Tokyo, Japan |
7 | Evergreen Marine Corporation | 1712161 | 220 | Taoyuan City, Taiwan |
8 | HMM Co., Ltd. | 879718 | 78 | Seoul, South Korea |
9 | ZIM Integrated Shipping Services | 753987 | 129 | Haifa, Israel |
10 | Yang Ming Marine Transport Corp. | 695078 | 93 | Keelung, Taiwan |
1. Mediterranean Shipping Company (MSC)
Mediterranean Shipping Company (MSC) holds the top position in the global container shipping industry, boasting a fleet capacity of 6,127,485 TEU and operating 861 vessels. Headquartered in Geneva, Switzerland, MSC is renowned for its expansive global network and flexible service offerings. Its strategic routes and investments in technology make it a leader in providing reliable container shipping solutions.
2. Maersk
Maersk, the Danish shipping container company ranks as the second-largest container shipping company, with a capacity of 4,395,066 TEU across 716 vessels. Founded in 1904, Maersk has a long history of innovation and growth. Today the company operates a vast network of shipping services spanning 130 countries all over the world.
3. CMA CGM Group
CMA CGM is a leading French shipping company that operates a fleet of 643 vessels with a total capacity of 3,793,632 TEU. It has an elaborate network of shipping services spanning 160 countries and 420 ports all over the world. Founded in 1978, CMA CGM is among the most well-known shipping companies emphasizing on customer-centric service and innovation, including digital shipping solutions that streamline logistics processes.
4. COSCO Shipping Lines
China’s COSCO Shipping Lines is is a state-owned powerhouse with a capacity of 3,279,936 TEU and a fleet of 508 vessels. Headquartered in Shanghai, COSCO has a strong presence in Asia and Europe, offering competitive rates and a rapidly expanding fleet. COSCO Shipping Lines is dedicated to sustainability, implementing eco-friendly technologies and initiatives to reduce shipping emissions.
5. Hapag-Lloyd
Hapag-Lloyd, based in Hamburg, Germany, is a global leader in the container shipping industry with a fleet capacity of 2,249,765 TEU across 292 ships. The company is known for its reliability and high customer satisfaction, particularly in the Americas. Hapag-Lloyd is committed to sustainable logistics, using eco-friendly technologies and practices to minimize their environmental impact.
6. Ocean Network Express (ONE)
ONE, headquartered in Tokyo, Japan, operates a fleet of 246 vessels with a total capacity of 1,938,647 TEU. The company was formed in 2017 as a result of the merger of three leading Japanese shipping companies, namely NYK Line, MOL, and “K” Line. With a strong digital infrastructure and an extensive network in 120 countries, ONE provides reliable container handling and customer-focused services.
7. Evergreen Marine Line
Evergreen Marine Line is a Taiwan-based shipping company that operates 220 vessels with a total capacity of 1,712,161 TEU. Founded in 1968, the company is known for its distinctive green ships and solid reputation on East-West trade routes. The company offers cost-effective solutions, providing reliable and efficient services to over 400 ports worldwide.
8. Hyundai Merchant Marine Co (HMM)
Hyundai Merchant Marine Co., Ltd. (HMM) is a South Korean shipping container company that provides ocean container shipment services in in trans-Pacific and Asia-Europe routes. Founded in 1976, HMM has a fleet of 78 vessels and a total capacity of 879,718 TEU. Headquartered in Seoul, the company benefits from strong government support and has recently invested in state-of-the-art vessels.
9. ZIM Integrated Shipping Services Ltd
ZIM Integrated Shipping Services Ltd. is an Israeli shipping container company operates a fleet of 129 vessels with a total capacity of 753,987 TEU. Founded in 1945, ZIM has grown to become one of the largest and most successful shipping companies in the Middle East, with a global network of offices.
10. Yang Ming Marine Transport Corp
Yang Ming Marine Transport Corporation is a Taiwanese shipping container company that has a fleet capacity of 695,078 TEU and operates 93 vessels. Founded in 1972, Yang Ming has grown to become one of the largest shipping companies in Taiwan with a strong intra-Asian network.
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Shipping container companies: Common FAQs
What is the biggest problem with container shipping companies?
Shipping container shortage. Many existing containers are tied up in ports, storage facilities and vessels worldwide. The shortage has been made worse by port congestion and rising demand.
What are the three top shipping container companies?
The top three shipping container companies are as follows: MSC having 6.1 million TEUs, Maersk having 4.3 million TEUs and CMA CGM having 3.7 million TEUs.
Do shipping container companies offer insurance?
Shipping container companies may offer to insure your container, however, this is dependent on the company's insurance policy and which you decide to opt for.