Top 50 Shipping Companies in the World: 2024 Rankings

The global shipping industry is dominated by a few key players with extensive fleets and wide-reaching service networks. These companies are essential for international trade, ensuring the efficient transport of goods across the globe. Here’s a comprehensive look at the top 50 shipping companies in the world for 2024, based on fleet size and TEU capacity.

1. A.P. Moller-Maersk

• Fleet Size: 738 vessels
• TEU Capacity: 4.3 million TEU
• Headquarters: Copenhagen, Denmark
• Website: Maersk

2. Mediterranean Shipping Company (MSC)

• Fleet Size: 645 vessels
• TEU Capacity: 4.1 million TEU
• Headquarters: Geneva, Switzerland
• Website: MSC

3. CMA CGM Group

• Fleet Size: 566 vessels
• TEU Capacity: 3.3 million TEU
• Headquarters: Marseille, France
• Website: CMA CGM

4. COSCO Shipping Lines

• Fleet Size: 498 vessels
• TEU Capacity: 3.0 million TEU
• Headquarters: Shanghai, China
• Website: COSCO

5. Hapag-Lloyd

• Fleet Size: 248 vessels
• TEU Capacity: 1.8 million TEU
• Headquarters: Hamburg, Germany
• Website: Hapag-Lloyd

6. Evergreen Marine Corporation

• Fleet Size: 206 vessels
• TEU Capacity: 1.5 million TEU
• Headquarters: Taipei, Taiwan
• Website: Evergreen

7. ONE (Ocean Network Express)

• Fleet Size: 225 vessels
• TEU Capacity: 1.6 million TEU
• Headquarters: Tokyo, Japan
• Website: ONE

8. Yang Ming Marine Transport Corporation

• Fleet Size: 101 vessels
• TEU Capacity: 675,000 TEU
• Headquarters: Keelung, Taiwan
• Website: Yang Ming

9. HMM (Hyundai Merchant Marine)

• Fleet Size: 77 vessels
• TEU Capacity: 728,000 TEU
• Headquarters: Seoul, South Korea
• Website: HMM

10. ZIM Integrated Shipping Services

• Fleet Size: 89 vessels
• TEU Capacity: 476,000 TEU
• Headquarters: Haifa, Israel
• Website: ZIM

11. PIL (Pacific International Lines)

• Fleet Size: 140 vessels
• TEU Capacity: 400,000 TEU
• Headquarters: Singapore
• Website: PIL

12. Wan Hai Lines

• Fleet Size: 112 vessels
• TEU Capacity: 359,000 TEU
• Headquarters: Taipei, Taiwan
• Website: Wan Hai

13. SITC International Holdings

• Fleet Size: 90 vessels
• TEU Capacity: 125,000 TEU
• Headquarters: Hong Kong
• Website: SITC

14. Matson, Inc.

• Fleet Size: 34 vessels
• TEU Capacity: 70,000 TEU
• Headquarters: Honolulu, USA
• Website: Matson

15. SM Line Corporation

• Fleet Size: 34 vessels
• TEU Capacity: 105,000 TEU
• Headquarters: Seoul, South Korea
• Website: SM Line

16. Antong Holdings

• Fleet Size: 110 vessels
• TEU Capacity: 105,000 TEU
• Headquarters: Shanghai, China
• Website: Antong

17. IRISL Group (Islamic Republic of Iran Shipping Lines)

• Fleet Size: 41 vessels
• TEU Capacity: 96,000 TEU
• Headquarters: Tehran, Iran
• Website: IRISL

18. X-Press Feeders Group

• Fleet Size: 110 vessels
• TEU Capacity: 200,000 TEU
• Headquarters: Singapore
• Website: X-Press Feeders

19. Sea Lead Shipping

• Fleet Size: 26 vessels
• TEU Capacity: 35,000 TEU
• Headquarters: Dubai, UAE
• Website: Sea Lead

20. Shandong International Transportation Corporation (SITC)

• Fleet Size: 98 vessels
• TEU Capacity: 150,000 TEU
• Headquarters: Qingdao, China
• Website: SITC

The remaining companies from 21 to 50 include regional and specialized carriers that play crucial roles in global logistics but with smaller fleets and capacities. They include companies like Sinokor Merchant Marine, Transworld Group, and Uni-Asia Holdings.

Conclusion

The global shipping industry is dominated by a few major players with extensive fleets and significant TEU capacities. Companies like Maersk, MSC, and CMA CGM lead the industry, providing essential services for global trade. Understanding the capabilities and reach of these top shipping companies can help businesses and individuals make informed decisions about their shipping needs.

For more detailed information and resources on the top shipping companies, visit Wigmore Trading.

References:

1. Alphaliner – Top 100
2. Container News – Latest News and Insights
3. Lloyd’s List – Maritime and Shipping News