10 Biggest Shipping Companies in the World in 2025

The global shipping industry is the backbone of international trade and economic growth, moving commodities and products across the globe. Without the network of vessels and ports, the global exchange of goods would grind to a halt. Geopolitical issues, climate change, economic challenges, and supply chain disruptions can impact this industry significantly.

Around 80% to 90% of the world’s goods are transported by sea, highlighting the critical role shipping companies play in facilitating global commerce.

The world’s biggest shipping companies are the leading players in the global shipping industry, known for their extensive networks and ability to facilitate international trade.

Below, we highlight the top 10 giants in the industry, ranking the biggest shipping companies by revenue in the trailing 12 months (TTM), according to data compiled from Companies Market Cap. These companies are recognized for their extensive network, which demonstrates their global reach and operational scale. Only two of the companies (HMM and Yang Ming Marine Transport) aren’t traded over-the-counter (OTC), but you can still trade them as an international investor.

Introduction to Global Trade

Global trade forms the foundation of the modern global economy, enabling countries and businesses to exchange goods and services across continents. At the heart of this vast network lies the shipping industry, which plays a crucial role in facilitating global trade. Container shipping companies, such as Mediterranean Shipping Company (MSC), Maersk, and CMA CGM, are the primary drivers of this process, operating some of the largest fleets of container ships in the world.

These shipping giants ensure that products from raw materials to finished goods move efficiently between markets, supporting international trade and economic growth. The operations of the largest container shipping companies have a profound impact on the global economy, as their ability to transport goods reliably and at scale is essential for the smooth functioning of worldwide commerce. With their vast fleets and global reach, these companies are indispensable in connecting supply and demand, making them key players in facilitating global trade.

Economic Impact of Shipping

The global shipping industry is a powerhouse of economic activity, underpinning international trade and driving growth across various sectors. Major shipping companies, including China Ocean Shipping Company (COSCO) and Hyundai Merchant Marine (HMM), play a crucial role in connecting manufacturers and consumers around the world, ensuring that goods reach their destinations efficiently.

The industry not only supports the movement of products but also generates millions of jobs, both directly within shipping companies and indirectly through related industries such as logistics, port operations, and shipbuilding.

Companies like ZIM Integrated Shipping Services and Ocean Network Express (ONE) are at the forefront of adopting cutting-edge technologies, which enhance operational efficiency and help reduce emissions. By investing in innovation and expanding their global shipping networks, these companies contribute significantly to economic growth and the smooth functioning of international trade, reinforcing the shipping industry’s vital role in the global economy.

Container Shipping and Logistics

Container shipping and logistics are the backbone of the global supply chain, ensuring that goods move seamlessly from producers to consumers worldwide. Leading container shipping companies, such as Evergreen Marine Corporation and Yang Ming Marine Transport Corporation, operate extensive networks of container ships that connect major ports and markets. These top shipping companies are instrumental in maintaining the flow of goods, offering reliable and timely delivery services that businesses depend on.

Logistics companies like Pacific International Lines (PIL) further enhance supply chain management by providing tailored logistics solutions to meet the unique needs of their clients. The adoption of ultra-large container vessels (ULCVs) and advanced technologies by industry leaders such as CMA CGM and MSC has revolutionized the sector, boosting operational efficiency and reducing transportation costs. As a result, container shipping companies continue to play a pivotal role in supporting global trade and ensuring the resilience of supply chains.

1. Maersk (AMKBY)

• Headquarters: Copenhagen, Denmark
• Revenue (TTM): $56.80 billion
• Market Cap: $29.97 billion

Denmark-based Maersk operates a worldwide fleet of tankers, supply ships, terminals, and other vessels. The company’s fleet consists of over 700 vessels, many of which are equipped with advanced technology to improve efficiency and reduce emissions. Maersk has more than 54 terminals across 29 countries and boasts more than 100,000 customers across 130 different countries. With a combined capacity exceeding 4 million TEUs, Maersk demonstrates significant market presence and operational strength in the global shipping industry. Maersk is a pivotal player in the maritime industry and a leader in supply chain management.

Maersk had a strategic partnership with IBM to develop blockchain-based products under the banner of TradeLens for the shipping industry. Despite signing up carriers representing about three-fifths of the container market, TradeLens was shuttered in 2023 for not being commercially viable. The company continues to focus on fleet expansion and enhancing operational efficiency through digitalization and sustainability initiatives.

2. Mediterranean Shipping Company (MSC)

• Headquarters: Geneva, Switzerland
• Revenue (TTM): $54.10 billion
• Market Cap: Private Company

MSC is the world’s largest container shipping company by total TEU capacity, operating a diverse fleet with ultra-large container vessels that dominate worldwide trade routes. In addition to container shipping, MSC is also a major player in the cruise lines industry, diversifying its transportation and leisure offerings. The company’s fleet spans various sectors and includes some of the world’s largest container ships, playing a crucial role in facilitating global trade.

MSC emphasizes operational excellence and customer satisfaction, maintaining a strong presence in the logistics landscape. Its strategic partnerships and investments in green technologies highlight its commitment to reducing emissions and addressing climate change.

3. COSCO Shipping

• Headquarters: Shanghai, China
• Revenue (TTM): $48.50 billion
• Market Cap: $35.20 billion

COSCO Shipping, a state-owned enterprise, is a leading force in the maritime industry with a vast fleet and extensive global reach, including the Far East, Latin America, and the Red Sea. The company has grown through strategic mergers and acquisitions, including China Shipping Container Lines and Orient Overseas Container Line.

COSCO Shipping is investing heavily in fleet expansion, smart port technologies, and sustainable shipping practices to enhance operational efficiency and support worldwide trade. Its total TEU capacity ranks among the highest globally.

4. Hapag-Lloyd

• Headquarters: Hamburg, Germany
• Revenue (TTM): $22.40 billion
• Market Cap: $26.50 billion

Hapag-Lloyd is a key player in the container shipping industry, with a fleet that combines operational excellence and a commitment to sustainability. The company operates in various sectors and has a strong focus on digital transformation and reducing emissions.

As a member of multiple shipping alliances, Hapag-Lloyd continues to expand its logistics services and strengthen strategic partnerships to better serve global markets.

5. CMA CGM Group

• Headquarters: Marseille, France
• Revenue (TTM): $21.80 billion
• Market Cap: $44.00 billion

CMA CGM is known for its innovative approach in the container shipping industry, investing in ultra-large container vessels and digital logistics services. The company operates a diverse fleet and maintains a strong presence in the global shipping market.

Its commitment to operational efficiency and customer satisfaction positions CMA CGM as a vital contributor to international commerce and economic growth.

6. Evergreen Marine Corporation

• Headquarters: Taipei, Taiwan
• Revenue (TTM): $18.60 billion
• Market Cap: $34.00 billion

Evergreen Line is renowned for its large fleet of container ships and efficient operations. The company plays a pivotal role in worldwide trade, with a strong presence in the Far East and beyond.

Evergreen Marine Corporation focuses on sustainability initiatives and technological innovations to enhance operational efficiency and reduce emissions.

7. Ocean Network Express (ONE)

• Headquarters: Singapore
• Revenue (TTM): $15.00 billion
• Market Cap: Private Company

Formed by the integration of three major Japanese shipping lines (MOL, NYK Line, and K Line), ONE operates a combined fleet with significant TEU capacity. The company is a key player in the logistics landscape, focusing on service quality and operational excellence.

ONE’s strategic partnerships and investments in technology help it maintain a competitive edge in the container shipping industry.

8. Hyundai Merchant Marine (HMM)

• Headquarters: Seoul, South Korea
• Revenue (TTM): $14.20 billion
• Market Cap: $26.00 billion

South Korea’s flagship shipping company, HMM, operates a diverse fleet and has made significant investments in fleet expansion and sustainability. As a leading integrated logistics company, HMM boasts an extensive fleet and substantial cargo capacity, underscoring its importance in global shipping and logistics services. The company is a leader in adopting green technologies and enhancing supply chain management.

HMM’s strong presence in key trade routes, including the Far East and Latin America, makes it a vital player in worldwide trade.

9. ZIM Integrated Shipping Services

• Headquarters: Haifa, Israel
• Revenue (TTM): $8.70 billion
• Market Cap: $8.50 billion

ZIM is known for its agile and customer-centric approach, leveraging digital technologies to improve logistics services. The company’s fleet is growing steadily, and it plays an important role in connecting various global markets.

ZIM continues to innovate in supply chain management and expand its strategic partnerships.

10. Yang Ming Marine Transport Corporation

Headquarters: Taipei, Taiwan
Revenue (TTM): $7.80 billion
Market Cap: Private Company

Yang Ming focuses on operational efficiency and sustainability, managing a diverse fleet that serves major trade routes worldwide. The company is committed to reducing emissions and enhancing customer satisfaction through advanced logistics services.

Yang Ming is a key player in the container shipping industry, contributing significantly to global economic growth.

Shipping Companies and Sustainability

Sustainability has become a central focus for the shipping industry, as companies strive to minimize their environmental impact and address the challenges of climate change. Leading shipping companies, including CMA CGM and MSC, are making significant investments in cutting-edge technologies such as liquefied natural gas (LNG) propulsion and hydrogen fuel cells to reduce emissions from their fleets. Hyundai Merchant Marine is also at the forefront of adopting green technologies, aiming to lower its carbon footprint and promote cleaner shipping practices. Ocean Network Express (ONE) is implementing a range of sustainable initiatives, from waste reduction to recycling programs, to further minimize its environmental impact. These efforts reflect a broader industry commitment to sustainability, with shipping companies playing a vital role in reducing emissions and supporting global efforts to combat climate change. By embracing innovation and sustainable practices, the shipping industry is helping to ensure a greener future for international trade.

In Summary

The biggest shipping companies in the world are essential to the global economy, facilitating international trade and driving economic growth. The net income of these companies is a key indicator of their financial health and industry leadership, reflecting their profitability and performance in 2024. Their continued investments in fleet expansion, cutting-edge technologies, and sustainable practices ensure they remain at the forefront of the maritime industry and logistics landscape.

For more insights on the shipping industry and global trade, stay tuned to our updates.