5 Biggest Shipping Companies in the World

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1. Maersk

Twenty foot equivalent (TEU) capacity of the company in 2020: 4,097,898

Total market share of the company in 2020: 16.9%

Number of ships owned by the company in 2020: 705

Topping the list of the 5 biggest shipping companies in the world is Maersk, which is a Danish company. It has been the largest shipping company in the world since 1996 and seems to be in no mood of giving up its crown, with its TEU capacity crossing 4 million in 2020. While it is publicly traded in Denmark, the company is a family business and controlled by the Møller family.

The company was founded 116 years ago in 1904, and in 2019, attained revenues of more than $39 billion, while the operating income alone was around $3.8 billion, and provided employment to at least 79,000 people. While it is headquartered in Copenhagen, it has subsidiaries and offices across most countries in the world, which at the last count exceeded 125.

Busiest Ocean Trade Routes in the World

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