container shipping lines and their services
TRANSCRIPT
Container Shipping Lines and their Services.
M. Rajesh KumarMBA ,Shipping & Logistics
Management
TEU: 3,012,172HQ: Copenhagen, Denmark
Founder : Arnold Peter Møller Founded: 1904Revenue: $40.3 Billion (USD)Employees: 89,000
• A.P. Moller–Maersk Group’s largest operating unit is Maersk Line, the world’s largest overseas cargo and freight carrier. They have 324 offices in 115 countries worldwide and operate 590 container ships.
• They estimate they ship $675 billion worth of good
each year, almost as much as the GDP of Switzerland. Their Triple-E vessels can hold 18,000 twenty-foot containers and their current fleet has 5 of these vessels in active service.
2. Mediterranean Shipping Company
TEU: 2,659,489HQ: Geneva, Switzerland
Founder: Gianluigi Aponte.Founded: 1970Revenue: $28.2 Billion (USD)Employees: 24,000
• Mediterranean Shipping Company S.A. (MSC) is the largest privately owned shipping company in the world. They have 480 offices in 150 countries around the globe and call at a total of 315 different ports.
• Their total fleet consists of 480 container vessels including the 4 largest container ships in the world, each of which can handle over 19,000 twenty-foot containers.
• TEU: 1,799,291HQ: Marseille, France
Founder: Jacques SaadéFounded: 1978Revenue: $15.7 Billion (USD)Employees: 22,000
• CMA CGM Group is the world’s third largest shipping company. They have a fleet of 471 vessels that call at 420 ports in 160 countries. In total they have 765 offices around the globe.
• Their largest ship is the CMA CGM Georg Forster which can handle 18,000 twenty-foot containers. Their name is an French acronym which stands for “Maritime Freighting Company – General Maritime Company.”
4. COSCO(China Ocean Shipping Company )
TEU: 1,539,618HQ: Beijing, ChinaFounded: 1961Revenue: $10.2 billion USDEmployees: 130,000
• Following its takeover of China Shipping Container Lines (CSCL), COSCO is now the world’s 4th largest shipping company, the largest shipping company outside of Europe and one of only 4 companies that has a total capacity above 1 million TEU.
• COSCO now owns 5 of the top 10 biggest container ships, each
of which is able to handle 19,000 twenty foot containers. In total the group has 1114 vessels of which 285 are container ships.
• In February 2016, the COSCO Group merged with China Shipping Group to form China COSCO Shipping.
5. Evergreen Marine Corp.
• TEU: 929,700HQ: Taoyuan City, TaiwanFounded: 1968Revenue: $4.6 billion USDEmployees: 3,389
• Evergreen Marine’s, Evergreen Line is the world’s 5th largest container shipping company. They currently operate over 190 ships, which call at 240 ports worldwide in 80 different countries.
• Their largest ships are the 8,500 TEU L-type
container ship which are considerably smaller than the biggest ships from competing firms. However, they have adapted them to reduce fuel consumption and greenhouse gas emissions.
6. Hapag-Lloyd
• TEU: 916,439HQ: Hamburg, GermanyFounded: 1847Revenue: $12 billion USD (estimate)Employees: 9,500
• Hapang -Lloyd operate 175 modern container ships that call at 350 ports in 117 different countries worldwide. Each year they ship the 7.5 million TEU worth of containers.
• In December 2014 they merged with Chile’s CSAV to form one of the largest shipping companies in the world. Their biggest ships are capable of carrying 13,000 TEU worth of containers.
• TEU: 646,918HQ: Hamburg, GermanyFounded: 1871Revenue: $6.9 billion USDEmployees: 5,360
• Hamburg Süd was originally founded to help Hamburg merchants trade with Argentina and Brazil. It’s now grown into one of the world’s largest private shipping companies with 133 ships in its fleet.
• It also owns Brazil’s Aliança which sails under the flag of Brazil. The company has won many awards and is focusing on ways to reduce its environmental impact.
• TEU: 621,243HQ: Seoul, South KoreaFounded: 1977Revenue: $8.3 billion (USD)Employees: 5,800
• Hanjin Shipping is South Korea’s largest shipping company and its fleet consist of around 170 container ships and bulk carriers. It has 4 regional Headquarters and 13 container terminals in the world’s largest ports.
• Each year the company moves over 100 million tons of cargo. Its largest ships can carry just over 13,000 TEU, owning 8 of these in total. Like the rest of the world’s large container shipping companies Hanjin Shipping is also focusing on corporate social responsibility by trying to be more green.
• TEU: 565,113HQ: Hong KongFounded: 1969
• OOCL has 320 offices in over 70 countries and operates over 300 ships. In addition to shipping the company also operates 2 important Container Terminals: Long Beach Container Terminal, LLC. (LBCT LLC) and Kaohsiung Container Terminal (KAOCT).
• Beyond its core business the company is working to reduce its environmental impact through the use of IT and helping support the children of employees via a university scholarship program.
• TEU: 544,817HQ: Tokyo, JapanFounded: 1884Employees: 10,508
• MOL is the largest and oldest of Japan’s international shipping companies. In total they operate 896 vessels and have ordered 6 new container ships that will be able to handle 20,150 TEUs each.
• There are a total of 441 MOL group companies
including energy companies, passenger liners, financial services and container terminals.
