Top 5 Container Shipping Companies by BMRC

Container Ships are common means of transport through sea-route. These ships carry truck sized intermodal freights or containers which carry loads to be transported globally. The containers have standardized dimensions and these intermodal freight container systems refer to as containerization. The typical size of containers is measured in terms of twenty-foot equivalent units (TEU). First container ship was designed in late 18th century in England to carry standardized load units. Shipping expenses and time has been lowered due to containerization which leads to growth of international trade. Hence container shipping is highly flexible with low energy consumption and provides great protection to goods. In present scenario, more than 90% of non-bulk cargo is transported via containerization and largest container ship can carry over 23,000 TEU.

According to BMRC- Top Container Shipping Companies in Global Market 2021

Maersk

Mærsk established in 1904 and headquartered at Esplanaden 50, Copenhagen, Capital Region, 1098, Denmark. Specialties in Container Shipping, Container Terminals, Retail, Manufacturing, Offshore, shipping, ports, logistics, warehousing , distribution, and supply chain. Maersk had nearly 83,512 Employees and had revenue of $38 Billion.

Maersk Latest News: Braskem partners with A.P. Moller - Maersk & PSA Corporation Ltd in new Lead Logistics agreement.

MSC Mediterranean Shipping Company

Mediterranean Shipping Company S.A. is a Swiss-Italian international shipping company established in 1970 and headquartered at S.A.Chemin Rieu 12-14, Geneva, Geneva, 1208, Switzerland. Specialties in Containerised Cargo, Breakbulk, Project and Out-of-gauge cargo, Intermodal, Dry Cargo, Inland deliveries, Trucking, Reefer Cargo, Logistics, and Containerized Cargo. MSC had nearly 70000 Employees and had revenue of $22 Billion.

China Ocean Shipping Company (COSCO)

China Ocean Shipping Company established in 1967 and headquartered at Yuanhang Business Centre Tianjin Port Free Trade Zone, Tianjin, Tianjin, China. Specialties in container, dry-bulk, and petroleum transport services. COSCO had nearly 25002 Employees and had revenue of $17 Billion.

NEWs: On 12-11-2019 President Xi Jinping and prime minister mitsotakis visited the project of COSCO Shipping Piraeus Port and Also COSCO shipping lines join hands with DELL(CN) in strategic cooperation.

CMA CGM

CMA CGM S.A. is a French container transportation and shipping company established in 1978 and headquartered at quai d'Arenc, cedex 02, Marseille, Provence-Alpes-Cote d'Azur, 13235, France. Specialties in Container Shipping, Transport, Logistics, and Matitime. CMA CGM S.A had nearly 110000 Employees and had revenue of $30 Billion.

HMM

HMM is a leading global shipping company established in 1976 and headquartered at Yulgok-ro, Jongro-gu, Seoul, Seoul, South Korea. Specialties in Global Container Service, Transportation and Logistics., Customized Supply Chain Solutions, and Shipping. HMM had nearly 3590 Employees and had revenue of $48 Million.

Key highlights of the report:

Product sales patterns

Profit returns amassed by each product segment

Consumption rate of all the products

Market share held by each product type