The container shipping industry is dominated by a handful of global companies that own and operate vast fleets. These organizations don’t just transport goods—they shape the global economy by ensuring supply chains run smoothly. The top five companies in 2024 remained consistent with previous years, but their strategic moves and technological advancements are worth exploring in depth.
1. Mediterranean Shipping Company (MSC): Staying at the Top
Mediterranean Shipping Company (MSC) has firmly established itself as the world’s largest container shipping company. With a fleet capacity exceeding 5.2 million TEU (Twenty-Foot Equivalent Units), MSC operates one of the most extensive shipping networks, covering over 500 ports worldwide.
2024 Highlights:
- MSC introduced its flagship vessel, MSC Titan, capable of carrying over 24,000 TEU. This ultra-large container vessel (ULCV) sets new standards in fuel efficiency and operational capability.
- The company expanded its digital offerings, including a platform that provides real-time shipment tracking for customers.
MSC’s dominance is built on a strategy of continuous expansion and investment in cutting-edge technologies. The company’s focus on efficiency and customer service ensures its position as a leader in the industry.
2. Maersk: Leading the Green Revolution
A.P. Moller–Maersk, often referred to as Maersk, ranks as the second-largest container shipping company globally. While it remains behind MSC in fleet capacity, Maersk is far ahead in terms of sustainability initiatives. The company is working aggressively toward its net-zero emissions goal by 2040.
2024 Highlights:
- The rollout of Maersk’s first methanol-powered vessels was a game-changer. These ships reduce greenhouse gas emissions by up to 95%, making them a critical step toward decarbonizing the shipping industry.
- Maersk’s integrated logistics services gained traction, offering end-to-end supply chain solutions to customers.
Maersk’s approach is not just about being a transportation company—it aims to be a global integrator of logistics, creating seamless experiences for customers while setting industry benchmarks for sustainability.
3. CMA CGM: Expanding Horizons
French shipping giant CMA CGM holds the third position in global rankings. Known for its forward-thinking strategies, the company has focused on technology, digitalization, and sustainability to stay competitive.
2024 Highlights:
- CMA CGM launched an AI-driven logistics platform, which optimizes cargo routing, minimizes delays, and enhances overall supply chain efficiency.
- The company added several LNG-powered ships to its fleet, furthering its commitment to reducing carbon emissions.
Under the leadership of CEO Rodolphe Saadé, CMA CGM has prioritized customer-centric solutions and sustainable growth. Its investments in technology and alternative fuels are shaping the future of container shipping.
4. COSCO Shipping: Bridging East and West
China’s COSCO Shipping ranks fourth globally, leveraging its robust fleet and strong trade connections between Asia, Europe, and the Americas. The company plays a crucial role in China’s Belt and Road Initiative, enhancing trade links across continents.
2024 Highlights:
- COSCO achieved record-breaking revenue in the trans-Pacific trade lane, thanks to efficient fleet utilization and strong demand.
- The company announced investments in new container terminals in key locations, including Africa and Southeast Asia.
COSCO’s ability to adapt to market demands and its focus on global infrastructure projects make it a significant player in the industry.
5. Hapag-Lloyd: Reliability Above All
Germany’s Hapag-Lloyd completes the top five, known for its reliability and customer-focused approach. With a fleet capacity of over 1.8 million TEU, the company may be smaller than its competitors but is no less impactful.
2024 Highlights:
- Hapag-Lloyd integrated blockchain technology into its operations, ensuring greater transparency and security in supply chain transactions.
- The company reported one of the highest customer satisfaction rates in the industry, thanks to its focus on digital transformation and service excellence.
Hapag-Lloyd’s consistent performance and innovative mindset ensure its continued relevance in a competitive market.
Figure 1: List of largest container shipping companies (source: wikipedia)
The 2025 ranking of the top shipping companies highlights MSC as the leader with a 19.9% market share, followed by Maersk (14.6%) and CMA CGM (12.7%). COSCO (10.8%) and Hapag-Lloyd (7.0%) complete the top five. Notably, major alliance shifts are underway: MSC will operate independently from March 2025, while Maersk and Hapag-Lloyd will join the new Gemini alliance. These changes reflect the dynamic strategies shaping the global shipping industry.
Final Thoughts: What’s Next for the Giants of Container Shipping?
The container shipping industry remains the backbone of global trade, but 2025 could bring significant shifts among the top players. Will a new contender break into the Top 5? Could industry giants lose their dominance as competition intensifies? With ongoing innovations, sustainability efforts, and geopolitical factors shaping the market, the rankings may see major shake-ups.
What do you think? Which company will rise—or fall—in the global shipping hierarchy this year? Share your predictions in the comments!