80% of the world's global trade is transported over the oceans. As you can imagine, that's an awful lot of cargo and containers. There are several shipping container companies that help transport this massive volume of ocean freight. In this article, we'll count down the top 10 container shipping companies down to the company that is currently the biggest shipping company in the world.
The Top 10 Largest Container Shipping Companies (by TEUs)
10) Wan Hai Lines
Located in Taiwan, Wan Hai Lines operates 146 vessels and has a TEU of 0.4M, making it the tenth-largest shipping company in the world.
9) Yang Ming
Another Taiwanese company, Yang Ming, has fewer vessels than Wan Hai Lines, with only 87 ships in their fleet. However, Yang Ming still has a slightly larger TEU, offering a capacity of 0.7m units.
HMM is a South Korean shipping company that owns 79 ships with a TEU of 0.8M.
7) Evergreen Marine
The third and final Taiwanese shipping company to make our list, Evergreen Marine, operates 201 ships with a TEU of 1.5M.
6) Ocean Network Express
Ocean Network Express is a Japanese shipping company that owns 218 ships and has a TEU of 1.5M.
Halfway down our list of the largest shipping companies in the world is the German company Hapag-Lloyd. Hapag-Lloyd owns 259 ships and has a TEU of 1.7M.
4) COSCO Shipping
COSCO shipping is a Chinese shipping company that operates 497 ships with a TEU of 2.9M.
3) CMA CGM
CMA CGM is a French shipping company with 542 ships and a TEU of 3.2M.
One of the world's largest shipping companies, Maersk is a Danish company that is in tight competition with the number one entry on our list for being the largest shipping company in the world. Maersk operates 718 vessels and has a TEU of 4.3M.
The Swiss company MSC is rounding out our list of the world's largest shipping companies. MSC operates 606 ships and has a TEU of 4.3M, making it the biggest shipping company in the world today. While this TEU is tied with Maersk, MSC was reported as having overtaken Maersk at the time of this writing.
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