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Biggest Shipping Companies In The World

Transport and logistics are one of the biggest industries. It is an industry that has existed for years. Even though over the years people used other methods to move from country to country, shipping remains still vital to transport heavy or large quantity of goods. Tons and Tons of things are moved from one place to another every day. To transport these goods, these companies need large ships and enormous fleets. Here’s a list of the biggest shipping companies in the world.

Maersk

Maersk is a Danish company and the current largest company in transport and logistics. Maersk is the biggest player in the market with the largest market share. The company was founded in 1904 and has grown considerably. Maersk other business is energy and which was split as a separate division in September 2016. Maersk has around 600 container vessels. Maersk has a revenue of 36 billion dollars. Further they have around 88,000 employees in around 130 countries. They can easily shipping containers for sale in Perth numbering in the thousands to carry on their enormous fleets. 

Mediterranean Shipping Company (MSC)

The Mediterranean Shipping Company is the second largest company in transport and logistics after Maersk. Their market share is only second to Maersk. The company is headquarters in Geneva Switzerland but was founded in 1970 in Naples, Italy.  As the MSC is a private company, they do not have to publish annual reports. The company operates in many different ports but the main port is in Antwerp, Belgium. It is known that the company operates in around 200 trade routes all over the world. Further, they have a revenue above 29 billion dollars.

CMA CGM

CMA CGM is a French company that operates in 150 different countries using 200 trade routes in 420 ports. The company’s headquarters is in Marseilles, France. The company was officially founded in 1978 but had historic ties since the 19th century. The company has more than 29,000 employees worldwide has a total revenue of 16 billion USD. CMA CGM has the third highest market share after both Maersk and the MSC. The shipping container, is being carried in tons every single day. Visit https://www.multiboxx.com.au/multiboxx-locations/brisbane/ 

China COSCO Shipping

China COSCO Shipping is the fourth biggest shipping company in the world after Maersk, Mediterranean Shipping Company and CMA CGM. It is a state-owned conglomerate that is Shanghai, China. The company was formed through a merger between China Shipping Group and COSCO. This merger was due to the declining profits of the industry. By 2018, China COSCO Shipping plans to become the third largest transport and Logistics Company in the world.

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