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You Should Know About the Best and Largest Marine Shipping Companies

By carrying goods and products between practically every country on the planet, the global shipping sector plays a critical role in fueling international commerce and economic progress. While shipping has historically been associated with boat-borne goods, it now increasingly encompasses air and ground freight. The COVID-19 epidemic has wreaked havoc on supply networks and transportation lines, even for the best shipping company in Bintulu. However, the shipping businesses listed below are among the best and largest in the maritime shipping industry. 

Hapag-Lloyd

Hapag-Lloyd is a global company based in Hamburg, Germany, that manages the world’s fifth-largest shipping line. It was created by the combination of Amerikanische Packetfahrt-Aktien-Gesellschaft (HAPAG) and Norddeutscher Lloyd (NDL); in 2014, it merged with Compaa Sud Americana de Vapores, located in South America (CSAV). Hapag-Lloyd has a fleet of 239 ships that primarily service the Transatlantic, Middle Eastern, Latin American, and Intra-American shipping lanes. Customers may be located in 392 sites in 129 countries, with Europe and Asia dominating. The firm operates 121 liner routes to 600 ports in 60 countries.

COSCO

The China Ocean Shipping (Group) Company (COSCO), headquartered in Beijing, China, is a state-owned international shipping company that combined with the China Shipping Group in 2016 and bought Orient Overseas Container Line (OOCL) 2 years later. COSCO has a massive fleet of approximately 1,300 ships, making it the world’s largest in terms of general capacity. It provides services in freight forwarding, shipbuilding, ship maintenance, port operation, container manufacture, trading, financing, real estate, and information technology through more than 300 subsidiaries. COSCO owns or controls over 60 terminals across the world.

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Mediterranean Shipping Company

The Mediterranean Shipping Company (MSC), headquartered in Geneva, Switzerland, is a global leader in container shipping, with a fleet of 520 boats calling on 500 ports on 200 trade routes across the world. MSC operates in 155 countries and has a chain of 493 offices. It has recently prioritized the use of cutting-edge technology to implement e-business solutions for digitalized cargo bookings and sophisticated containers.

CMA CGM Group

The CMA CGM Group is the oldest firm on this list, with origins dating back to 1851. It was formed in 1996 when Compagnie Maritime d’Affrètement (CMA) and Compagnie Générale Maritime (CGM) merged. Its headquarters are in Marseille, France. With roughly 755 offices and 750 warehouses in 160 countries, the CMA CGM Group now manages a fleet of 502 boats in more than 200 shipping companies serving 420 ports across the world. The CMA CGM Benjamin Franklin, the CMA CGM Kerguelen, the CMA CGM Bougainville, and the CMA CGM Antoine de Saint Exuper are among the world’s largest-capacity transport ships.

Maersk Group – A.P. Moller

Maersk is the world’s largest and most well-known maritime shipping firm. The firm, which is based in Copenhagen, Denmark, and was established more than 115 years ago, has evolved into a multinational commercial conglomerate with a range of interests in the area. Maersk has a fleet of over 700 ships that visit 343 ports all over the world. Container shipping and terminals, logistics and freight forwarding, ferry and tanker transport, semi-submersible drilling rigs and FPSOs, oil and gas exploration and production, shipyards, and store retail are among the company’s business lines. As a result, Maersk is one of the most varied businesses on the list.

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