The top 5 container shipping companies have market share and are only getting stronger after exorbitant profiteering during the pandemic.
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The top 5 container shipping companies
1.Maersk: Maersk is a Danish multinational conglomerate with activities in the transport and logistics industry. It is the largest container shipping company in the world, with a fleet of over 500 vessels and a capacity of 3.9 million twenty-foot equivalent units (TEUs).
2.MSC: Mediterranean Shipping Company (MSC) is a Swiss-based shipping line that is the second-largest container shipping company in the world. It has a fleet of over 500 vessels and a capacity of 3.3 million TEUs.
3.CMA CGM: CMA CGM is a French shipping company that is the third-largest container shipping company in the world. It has a fleet of over 400 vessels and a capacity of 2.7 million TEUs.
4.COSCO: COSCO (China Ocean Shipping Company) is a Chinese state-owned shipping company that is the fourth-largest container shipping company in the world. It has a fleet of over 300 vessels and a capacity of 2.2 million TEUs.
5.Hapag-Lloyd: Hapag-Lloyd is a German shipping company that is the fifth-largest container shipping company in the world. It has a fleet of over 200 vessels and a capacity of 1.6 million TEUs.