Maybe you will not even know Top 10 biggest shipping company in the world. Maybe you will not even know . The economy of many countries depends only on goods coming from water vessels.
The shipping industry is very big. This is the business of several billion dollars. This industry can be called the backbone of the global economy. 90 percent of the world’s business is by sea.
The heavy goods can be taken from the vessel, which is not possible through any other means of traffic. Let’s talk about some of the big “Shipping Companies in the World”.
10. MOL (Mitsui O.S.K. Lines Limited)
Let’s talk about MOL Shipping Company MOL (Mitsui O.S.K. Lines Limited) is the world’s 10th largest shipping company. This Japanese company has its headquarters in Tokyo.
This company mainly serves international shipping. Founded in 1986, the TEU of this company is 5,07988. The company also has coastal liners, cruise ships and ferries.
9. CSCL (China Shipping Container Lines)
China’s largest shipping company is ranked number 9th in the world. China Shipping Container Lines i.e. CSCL is headquartered in Shanghai, China. Established in 1997, the TEU of this company is 565657.
This shipping company operates in Asia, Australia, Europe, Mediterranean, North America, South America, Persian Gulf and South Africa.
8. Hanjin Shipping Company
This Korean company is the country’s largest and the world’s eighth largest shipping company. It was founded in 1977. Its fleet is Taiu 579840.
This company carries more than 100 million tonnes of goods in a year. This company spread its business almost all over the country.
7. APL (American President Line)
American President Line i.e. APL is the seventh largest shipping company in the world. This company gives more than 80 services a week. It was founded in 1848. Its headquarters are in Singapore. And its TEU is 589924.
This German company is at the sixth position in the world. The company was founded in 1970. It is composed of two companies of the 19th century. Its headquarters is in Hamburg, Germany. The TEU of this company is 632348.
5. COSCO (China Ocean Shipping Company)
There is another Chinese company at fifth position. Its full name is China Ocean Shipping (Group) i.e. COSCO. This company is headquartered in Beijing. Its TEU is 715266.
It is China’s largest company carrying dry goods, and in this case it is one of the largest companies in the world. This company was founded in 1961.
4. Evergreen line
This company was established in 1968 and its headquarter is in Taiwan. This company offers its services at 240 ports in 80 countries of the world. It is the world’s fourth largest shipping company.
Their TEU is 720893. From West Asia to North America and Central America, is one of the company’s busiest routes.
3. CMA CGM
It is the French company at number three. It has its headquarters in Marseille, France. The name of the company’s head is Jack Soad. It offers its services on 400 different ports of 150 countries.
This company was founded in 1978. CMU CGM’s TEU 1398216, which makes it the world’s third largest shipping company.
2. MSC(Mediterranean Shipping Company)
It is the world’s second largest shipping company. Its headquarters are in Geneva, Switzerland. It was founded in 1970. This Italian company operating from Geneva gives its services to almost every major port in the world.
The Lloyd loading list gave the shipping company the best company of 2007. The company won the award for the sixth time in 11 years. The TEU of this company is 2,245,342.
The name of the King of Shipping is AP Moller-Mearsk Group. In 1904, the company was founded in Copenhagen, Denmark. There are more than 600 ships in their fleet.
The company had achieved the status of being the largest shipping company in 1996 and has so far maintained it. This Danish company has the world’s largest container ship- Emma Marcus. Their TEU is 2,589,905.
Friends do you know what is the TEU ?
If a shipping company says that their TEU is 900000, it means that their total capacity is to carry 9 lakh containers. Each container is 20 feet long, 8 feet wide and 9 feet high. Friends, these figures are a few years ago, maybe the figures have changed now.