The global shipping industry remains influenced by dominant entities, with Maersk and CMA CGM at the forefront in 2024, each reporting US$55.5 billion in revenue. COSCO follows with US$32.3 billion, maintaining its stature in maritime logistics.
© Container News
Hapag-Lloyd and Ocean Network Express (ONE) occupy the fourth and fifth positions, with revenues of US$20.7 billion and US$18.8 billion, respectively. This reflects ongoing trends in global trade and container demand. Evergreen, another key player, reported US$14.1 billion, while ZIM, HMM, and Yang Ming recorded revenues of US$8.4 billion, US$8 billion, and US$6.9 billion, respectively. Wan Hai completes the top 10, generating US$4.9 billion.
Notably, MSC is absent from this list due to its private status and non-disclosure of financial figures.
As global supply chains face challenges, including geopolitical tensions and variable freight rates, these carriers continue to adapt, influencing international trade dynamics.
Source: Container News