The capacity size gap between the largest shipping lines to the smaller shipping lines is now bigger than ever before. This comes from data carried out in a recent report.
According to the report the top 10 shipping lines carry approximately 21.8 million teu compared to 2.5m teu for the shipping lines ranked 11-20.
MSC are currently the number 1 ranked carrier with 17.4% of the market share. AP Moller – Maersk who was the leading carrier 10 years ago are now in 2nd place with a 16.6% share. The rest of the top 10 carriers are made up of CMA-CGM (12.8%), COSCO Shipping (11.2%), Hapag Lloyd (6.8%), Evergreen Line (6.1%), ONE (5.8%), HMM (3.2%), Yang Ming (2.7%) and ZIM with 2% market share.