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Top Shipping Companies in the World Today

Mariyam Jameela

Written By
Mariyam Jameela

Published on March 12, 2025

• 7 min read

The top shipping companies in the world are at the heart of global trade, facilitating the movement of billions of tonnes of cargo each year. These international shipping companies operate vast fleets, ensuring that goods reach their destinations efficiently and securely. Whether it’s container shipping, bulk transport, or logistics solutions, the top ten shipping companies in the world drive global commerce.

According to industry reports, the largest shipping companies collectively handle 90% of global trade, with some moving over 10 million TEUs (Twenty-foot Equivalent Units) annually. Companies like WareIQ, MSC, Maersk, and CMA CGM dominate the sector, offering extensive global networks and cutting-edge logistics solutions. (Source)

This article explores the top 10 shipping companies in the world, including their services, fleet sizes, and how they contribute to the global supply chain.

Table Of Contents
  1. Top 10 Shipping Companies in the World 
  2. Key Trends in the Shipping Industry
  3. Summing Up
  4. FAQs about the Top Shipping Companies In the World

Top 10 Shipping Companies in the World 

The top shipping companies in the world are as follows:

1. WareIQ: Redefining E-Commerce Fulfilment

WareIQ

When it comes to multi-channel fulfilment solutions, WareIQ stands out as a trusted partner for businesses of all sizes. It is a Y-Combinator-backed eCommerce full-stack platform offering multi-channel fulfilment across D2C, marketplaces, quick commerce, and B2B (general trade & modern trade).

Why Choose WareIQ?

  • Pan-India Network: Operates a vast network of Seller Flex and FAssured-compliant centres in over 12 cities, ensuring efficient last-mile delivery across more than 27,000 pin codes.
  • Multi-Channel Fulfilment Platform: Provides plug-and-play integrations for major marketplaces like Amazon, Flipkart, and Myntra, as well as D2C platforms such as Shopify and Magento, supporting seamless fulfilment across distributors and flagship stores. Advanced analytics capabilities help assess operational performance effectively.
  • AI-Led Inventory Management: Utilises Inventory LogIQ to minimise stockouts and automate replenishment, ensuring optimal inventory levels.
  • Tech-Enabled Returns Management: Offers a sophisticated returns quality control solution that captures and stores media evidence of returned products, helping eliminate marketplace claim rejections.
  • Comprehensive Seller Support: Provides dedicated account management, assistance with APOB/PPOB registrations, GST registration, and verification processes for NDR & COD.

For businesses looking to scale their operations and enhance customer satisfaction, WareIQ offers a reliable, tech-driven solution. Learn more at WareIQ’s website.

2. Mediterranean Shipping Company (MSC)

Mediterranean Shipping Company (MSC)

Founded in 1970, the Mediterranean Shipping Company (MSC) has grown to become the world’s largest container shipping company by fleet size and cargo capacity. Headquartered in Geneva, Switzerland, MSC operates over 790 vessels, serving 215 trade routes and calling at more than 500 ports globally. The company controls approximately 20% of global container capacity as of July 2024.

Key Highlights:

  • Global Reach: MSC’s extensive network ensures comprehensive coverage of major trade routes, facilitating international trade across continents.
  • Diverse Services: Beyond container shipping, MSC offers services in logistics, cruise operations, and rail transport, providing integrated solutions to its clients.

3. Maersk Line

Maersk

Established in 1928, Maersk Line is a Danish international container shipping company and a subsidiary of the Maersk Group. As of 2024, it operates over 700 vessels with a total capacity of about 4.1 million TEU, making it one of the largest container shipping companies globally.

Key Highlights:

  • Innovative Services: Maersk introduced the concept of Daily Maersk, offering premium guaranteed services between key ports, and enhancing reliability for its customers.
  • Sustainability Initiatives: The company has set ambitious goals to achieve carbon neutrality by 2050, investing in biofuels and ordering dual-fuel container ships capable of using methanol.

4. CMA CGM Group

CMA CGM Group

Founded in 1978, the CMA CGM Group is a French container transportation and shipping company headquartered in Marseille, France. Operating a fleet of over 580 vessels, the company serves more than 420 ports worldwide.

Key Highlights:

  • Extensive Network: CMA CGM offers services on multiple trade routes, connecting businesses across various regions.
  • Digital Transformation: The company has invested in digital solutions to enhance customer experience and operational efficiency.

5. COSCO Shipping Lines

COSCO Shipping Lines

COSCO Shipping Lines is a Chinese state-owned enterprise and a subsidiary of China COSCO Shipping Corporation. With a fleet of over 400 vessels, it ranks among the top shipping companies globally.

Key Highlights:

  • Global Presence: COSCO operates on numerous international routes, providing comprehensive shipping solutions.
  • Strategic Alliances: The company has formed partnerships to expand its service offerings and enhance global reach.

6. Hapag-Lloyd

Hapag-Lloyd

Established in 1970 through a merger, Hapag-Lloyd is a German international shipping and container transportation company. It operates a fleet of 253 modern ships and offers connections between all continents.

Key Highlights:

  • Comprehensive Services: Hapag-Lloyd provides a wide range of services, including container shipping and specialized cargo solutions.
  • Customer-Centric Approach: The company focuses on delivering reliable and efficient services tailored to customer needs.

7. Evergreen Marine Corporation

Evergreen Marine Corporation

Founded in 1968, Evergreen Marine Corporation is a Taiwanese container transportation and shipping company. It operates a fleet of over 200 ships, calling on 240 ports worldwide in about 80 countries.

Key Highlights:

  • Innovative Fleet: Evergreen is known for its commitment to expanding and modernizing its fleet to meet global shipping demands.
  • Environmental Initiatives: The company has implemented measures to reduce its environmental footprint, including investing in eco-friendly vessels.

8. Yang Ming Marine Transport Corporation

Yang Ming Marine Transport Corporation

Established in 1972, Yang Ming Marine Transport Corporation is a Taiwanese shipping company with a fleet of 101 vessels. The company operates routes worldwide, providing comprehensive shipping services.

Key Highlights:

  • Global Operations: Yang Ming offers extensive services across major trade routes, connecting businesses globally.
  • Strategic Partnerships: The company engages in alliances to enhance service offerings and operational efficiency.

9. Ocean Network Express (ONE)

Ocean Network Express (ONE)

Japan’s Ocean Network Express (ONE) was formed in 2017 through a merger of three major shipping firms—NYK, MOL, and K-Line. The company has a fleet of 200+ vessels and is known for its magenta-coloured containers.

Key Highlights:

  • Fleet Expansion: Orders some of the largest LNG-powered container ships.
  • AI-Powered Solutions: Implements AI-driven logistics for predictive shipment planning.

10. ZIM Integrated Shipping Services

ZIM Integrated Shipping Services

Founded in 1945, ZIM Integrated Shipping Services is an Israel-based shipping firm known for its fast and reliable cargo solutions. It operates a fleet of over 150 vessels.

Key Highlights:

  • Specialised Services: Offers premium express shipping routes.
  • Digital Transformation: Has one of the most tech-savvy logistics infrastructures.

Key Trends in the Shipping Industry

The key trends shaping the shipping industry are:

  1. Digital Transformation: AI and blockchain are improving real-time tracking and shipment transparency.
  2. Sustainable Shipping: Companies are investing in LNG-fueled and hydrogen-powered vessels.
  3. Supply Chain Resilience: Major players are diversifying routes to prevent bottlenecks like the Suez Canal blockage in 2021.
  4. Port Automation: Smart terminals are reducing manual operations, cutting turnaround times by 30%.

Summing Up

The top shipping companies in the world are the backbone of global trade, ensuring goods move across continents efficiently. From container giants like MSC and Maersk to logistics innovators like WareIQ, these companies shape the future of shipping. With advancements in sustainability, AI-driven logistics, and supply chain resilience, the industry is evolving rapidly.

For businesses looking for reliable international shipping companies, the top ten shipping companies in the world listed above provide unmatched services, ensuring seamless global trade.

Suggested read: Top Shipping Companies in India

FAQs about the Top Shipping Companies In the World

Which is the largest shipping company globally?

As of 2024, the Mediterranean Shipping Company (MSC) is the largest shipping company in the world, operating a fleet with a capacity of approximately 6.2 million TEUs, accounting for a 20% market share.

How much of global trade is handled by the top shipping companies?

The top shipping companies collectively manage around 90% of global trade, underscoring their critical role in international commerce.

What services do the leading shipping companies offer?

Leading shipping companies like WareIQ, MSC, Maersk, and CMA CGM provide extensive global networks and cutting-edge logistics solutions, including container shipping, bulk transport, and integrated supply chain services.

How many TEUs do the largest shipping companies move annually?

Some of the largest shipping companies, such as MSC, handle over 10 million TEUs (Twenty-foot Equivalent Units) annually, reflecting their vast operational capacity.

Who are the top three shipping companies in the world?

The top three shipping companies globally are Mediterranean Shipping Company (MSC), Maersk Line, and CMA CGM Group, known for their extensive fleets and comprehensive logistics services.

Supercharge your fulfilment with WareIQ now, contact our team.

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Mariyam Jameela
Author

Mariyam Jameela

Mariyam Jameela works as a content writer at WareIQ. With a proven track record of working with renowned brands such as GO Digit, Urban Ladder, Juspay, Hong's Kitchen, and many more. She actively contributes to the creation of blog posts centered on eCommerce operations, fulfillment, and shipping, in addition to providing insights on various strategies and techniques tailored for eCommerce sellers

Read all of Mariyam Jameela's Posts

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What Is Demand Planning in Supply Chain Management?

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Foster Cross-Functional Collaboration Encouraging communication between sales, marketing, and supply chain teams enhances planning accuracy. 3. Adopt Continuous Improvement Strategies Businesses should regularly review and refine their forecasting methods to ensure optimal performance. 4. Invest in Cloud-Based Planning Solutions Advanced demand planning software enables real-time updates and integration with other business systems. 5. Scenario Planning Preparing for multiple demand scenarios helps businesses remain agile and responsive to market fluctuations. The Role of Technology in Demand Planning Technology has transformed demand planning and forecasting through automation, AI, and real-time analytics. 1. AI-Driven Forecasting Machine learning models can analyse vast amounts of data to improve prediction accuracy. 2. Cloud-Based Supply Chain Platforms These platforms provide real-time data visibility, allowing businesses to react quickly to demand fluctuations. 3. IoT and Big Data Analytics Internet of Things (IoT) devices collect real-time data on consumer behaviour, enhancing demand forecasts. WareIQ: Redefining E-Commerce Fulfilment When it comes to multi-channel fulfilment solutions, WareIQ stands out as a trusted partner for businesses of all sizes. Y-Combinator-backed eCommerce full-stack platform offering multi-channel fulfilment across D2C, Marketplaces, Quick Commerce, and B2B (General Trade & Modern Trade). Why Choose WareIQ? Pan-India Network: WareIQ operates a vast network of Seller Flex and FAssured-compliant centres in over 12 cities, ensuring efficient last-mile delivery across more than 27,000 pin codes. Multi-Channel Fulfilment Platform: Seamless plug-and-play integrations for major marketplaces like Amazon, Flipkart, and Myntra, as well as D2C platforms such as Shopify and Magento. Advanced analytics capabilities help assess operational performance effectively. AI-Led Inventory Management: WareIQ’s Inventory LogIQ solution minimises stockouts and automates replenishment, ensuring optimal inventory levels. Tech-Enabled Returns Management: A sophisticated returns quality control solution captures and stores media evidence of returned products, helping eliminate marketplace claim rejections. Comprehensive Seller Support: Dedicated account management, assistance with APOB/PPOB registrations, GST registration, and verification processes for NDR & COD. For businesses looking to scale operations and enhance customer satisfaction, WareIQ offers a reliable, tech-driven solution. Learn more at WareIQ’s website. Summing Up Demand planning in supply chain management is essential for businesses to stay competitive in an unpredictable market. By leveraging data analytics, AI-driven forecasting, and collaborative planning, companies can optimise inventory, reduce costs, and enhance customer satisfaction.  While challenges exist, adopting best practices and advanced technology can significantly improve demand and supply planning accuracy, ensuring long-term success. Suggested read: What is Demand Analysis, Methods of Demand Forecasting FAQs about Demand Planning in Supply Chain Management What is demand planning in supply chain management?Demand planning in supply chain management is the process of forecasting future customer demand to ensure products are available when needed, balancing supply and demand effectively.Why is demand planning important in supply chain management?Effective demand planning helps businesses maintain optimal inventory levels, reduce costs associated with overstocking or stockouts, and enhance customer satisfaction by meeting demand promptly.What are the key components of demand planning?The key components of demand planning include data collection (historical sales data, market trends), statistical forecasting, collaboration across departments, and continuous monitoring and adjustment of forecasts.How does demand planning differ from supply planning?While demand planning focuses on forecasting customer demand, supply planning involves ensuring that the supply chain can meet this demand by managing resources, production, and distribution effectively.What challenges are commonly faced in demand planning?Common challenges in demand planning include data inaccuracies, market volatility, supply chain disruptions, and lack of cross-departmental collaboration, all of which can lead to ineffective forecasts.

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What Is Safety Stock and Why It’s Important?

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In the realm of inventory management, safety stock serves as a critical buffer against uncertainties in demand and supply. By maintaining an additional quantity of inventory beyond the expected demand, businesses can mitigate the risks of stockouts, ensuring smooth operations and enhanced customer satisfaction. Without adequate stock inventory, companies risk losing sales, damaging their reputation, and facing costly operational disruptions. Efficient safety stock calculation helps businesses optimise inventory levels while minimising holding costs. Whether dealing with fluctuating customer demand or supplier delays, having a strategic approach to how calculating safety stock ensures long-term stability and profitability. Proper planning of stock and reorder point levels is essential for businesses to stay competitive in today’s fast-moving supply chain landscape. Understanding Safety Stock Definition of Safety Stock Safety stock, also known as buffer stock, refers to the extra inventory held to prevent stockouts caused by unforeseen fluctuations in demand or supply chain disruptions. This precautionary measure ensures that businesses can meet customer orders even when unexpected events occur. Purpose of Safety Stock The primary purpose of safety stock is to act as a safeguard against: Demand Variability – Sudden increases in customer demand that exceed forecasts. Supply Chain Delays – Unanticipated delays from suppliers or logistical challenges. Production Issues – Internal challenges such as machinery breakdowns or labour shortages. By accounting for these uncertainties, Safety or Buffer stock helps maintain service levels and prevents potential revenue loss due to stockouts. The Importance of Safety Stock in Inventory Management The importance of safetystock in inventory management is as follows: Preventing Stockouts One of the most significant advantages of maintaining safety-stock is the prevention of stockouts. Stockouts can lead to: Lost Sales – Customers may turn to competitors if products are unavailable. Damaged Reputation – Consistent stockouts can harm a company's reputation, leading to decreased customer loyalty. Operational Disruptions – Production processes may halt if essential components are unavailable. By holding safety stock, businesses can ensure product availability, thereby maintaining continuous operations and customer trust. Enhancing Customer Satisfaction In today's competitive market, customer satisfaction is paramount. Safety stock contributes to: Timely Order Fulfilment – Ensuring products are available when customers place orders. Building Trust – Reliable product availability fosters trust and encourages repeat business. A study highlighted that businesses with optimal Buffer stock levels experienced a 20% increase in customer retention rates. Mitigating Supply Chain Risks Supply chains are susceptible to various disruptions, including: Supplier Delays – Unexpected delays from suppliers can halt production. Transportation Issues – Challenges like natural disasters or logistical problems can impede product delivery. Safetystock acts as a buffer, allowing businesses to continue operations despite these disruptions. How to Calculate Safety Stock? Accurate calculation of safety or Buffer stock is essential to balance inventory costs and service levels. Several methods are commonly used: Basic Safety Stock Formula A straightforward approach involves: Determine Average Demand – Calculate the mean demand over a specific period. Calculate Demand Variability – Assess the standard deviation of demand during that period. Establish Desired Service Level – Decide on the service level (e.g., 95%) and find the corresponding Z-score. The formula is: Safety Stock = Z-score × Standard Deviation of Demand × √Lead Time For example, with a Z-score of 1.65 (95% service level), a standard deviation of demand of 50 units, and a lead time of 4 days: Safety Stock = 1.65 × 50 × √4 = 165 units Reorder Point Method The reorder point is the inventory level at which a new order should be placed. It accounts for both average demand during lead time and safety or Buffer stock Reorder Point = (Average Demand × Lead Time) + Safety Stock For instance, if the average daily demand is 100 units, the lead time is 5 days, and the safety stock is 165 units: Reorder Point = (100 × 5) + 165 = 665 units When inventory levels drop to 665 units, it's time to reorder to prevent stockouts. Factors Influencing Safety Stock Levels The following factors can influence the safety-stock levels: Demand Variability High fluctuations in customer demand necessitate higher safety stock to accommodate unexpected surges. Lead Time Variability Longer or inconsistent lead times from suppliers require increased Inventory buffer to cover potential delays. Desired Service Level A higher desired service level (e.g., 99%) will result in higher Buffer stock to ensure product availability. Supply Chain Reliability Reliable suppliers and efficient logistics can reduce the need for excessive Backup stock. Challenges and Risks Associated with Safety Stock The challenges and risks associated with safety-stock include: Increased Holding Costs Excessive Backup stock can lead to higher storage costs, insurance, and potential obsolescence, especially for perishable goods. Capital Tied Up Funds invested in safety-stock could be utilised elsewhere in the business, affecting liquidity. Risk of Overstocking Overestimating safety stock needs can result in overstocking, leading to waste and increased costs. Best Practices for Managing Safety Stock The best practices for managing safetystock include: Regularly Review Inventory Levels Continuously monitor and adjust Demand buffer levels based on changing demand patterns and lead times. Utilise Advanced Inventory Management Systems Implement systems that offer real-time data, demand forecasting, and automated reorder point calculations to optimise Surplus inventory. Collaborate with Suppliers Maintain open communication with suppliers to ensure timely deliveries and address potential delays proactively. WareIQ: Redefining E-Commerce Fulfilment Regarding multi-channel fulfilment solutions, WareIQ stands out as a trusted partner for businesses of all sizes. Y-Combinator-backed eCommerce full-stack platform offering multi-channel fulfilment across D2C, Marketplaces, Quick Commerce, and B2B (General Trade & Modern Trade). Why Choose WareIQ? Pan-India Network – We operate a vast network of Seller Flex and FAssured compliant centres in over 12 cities, ensuring efficient last-mile delivery across more than 27,000 pin codes. Multi-Channel Fulfilment Platform – With plug-and-play integrations for major marketplaces like Amazon, Flipkart, and Myntra and D2C platforms such as Shopify and Magento, our platform supports seamless fulfilment across distributors and flagship stores. Advanced analytics capabilities help assess operational performance effectively. AI-Led Inventory Management – Our Inventory LogIQ solution minimises stockouts and automates replenishment, ensuring optimal inventory levels. Tech-Enabled Returns Management – We provide a sophisticated returns quality control solution that captures and stores media evidence of returned products, helping eliminate marketplace claim rejections. Comprehensive Seller Support – Benefit from dedicated account management, assistance with APOB/PPOB registrations, GST registration, and verification processes for NDR & COD. For businesses looking to scale their operations and enhance customer satisfaction, WareIQ offers a reliable, tech-driven solution. Learn more at WareIQ’s website. Final Thoughts Safety stock plays a crucial role in inventory management, ensuring businesses can handle demand uncertainties, supplier delays, and operational disruptions. By using the right safety stock formula, companies can strike a balance between product availability and cost efficiency. Maintaining an efficient safetystock inventory is not just about preventing stockouts—it's about building a resilient and adaptable supply chain. With global supply chains becoming increasingly complex, businesses must leverage advanced forecasting techniques and automation to maintain optimal Surplus inventory and reorder point levels. By continuously monitoring and adjusting stock strategies, companies can stay ahead of disruptions and provide seamless service to customers. Related read: Stock Reconciliation: Meaning, Importance & 5 Steps in 2025 FAQs about safety stock What is safety stock in inventory management?Safetystock is extra inventory that businesses maintain to prevent stockouts caused by unforeseen demand fluctuations or supply chain disruptions. It acts as a buffer to ensure product availability and maintain customer satisfaction.How is safety or Buffer stock calculated?Safety or Buffer stock is typically calculated using the formula:Safety Stock = Z-score × Standard Deviation of Demand × √Lead TimeThis formula accounts for the desired service level, demand variability, and lead time.Why is safety stock important?Safety stock is crucial because it helps prevent stockouts, which can lead to lost sales, damaged reputation, and operational disruptions. By maintaining safety stock, businesses can ensure timely order fulfilment and enhance customer satisfaction.What factors influence safety stock levels?Several factors affect safety stock levels, including demand variability, lead time variability, desired service level, and supply chain reliability. Higher variability and service level targets typically require more Stock reserve.What are the risks of holding too much safety stock?Excessive Buffer stock can lead to increased holding costs, such as storage, insurance, and potential obsolescence. It also ties up capital that could be used elsewhere in the business, affecting liquidity.

March 19, 2025