The China Ocean Shipping Company, or COSCO, as it is popularly known, is one of the leading conglomerates in terms of container shipping companies. It has a carrying capacity of around 3,198,217 TEU. At present, the company has a fleet of over 568 ships operating in over 150 routes globally. Jacques Saade, the head of the company, was the instrumental force behind its coming into active operation. CMA CGM came into existence in the year 1978 as a result of a series of mergers between previously established shipping corporations. With new mega-ships being added to its fleet, it is now the 3rd largest company in TEU capacity. CMA-CGMįrance’s leading container shipping company, CMA-CGM, was in the 4th spot last year (2021). Currently, the company has a fleet of around 738+ container ships with a capacity of around 4,275,542 TEU (Twenty-Foot Equivalent Units). Now the company is diversifying its presence in the green fuel and digital technology space. Widely well-known for its fleet of container ships, the Maersk Line debuted in the international container shipping arena in 1904. Maersk Shipping Line is an AP Moller- Maersk company branch. APM- MaerskĪ shipping corporation based in Denmark, Maersk Shipping Line dominated the world container shipping market holding the no.1 spot for more than 25 years. With a buying spree of the new and old vessels, MSC added almost 100 ships to its fleet in the last year, having a vessel line-up of over 645 container ships, the conglomerate is rated to be one of the most extensive cargo companies globally with a TEU capacity of around 4,287,473 TEU. It is a Swiss international cargo company established in the year 1970. The domination of Maersk Line in terms of TEU capacity has been broken first time in 25 years by the Mediterranean Shipping Company (MSC). 1 spot since it overtook Evergreen in 1996. The Islamic Republic of Iran Shipping Line Group (IRISL Group) 10 Zim Integrated Shipping Services Ltd.
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