In the 21st century, every industry is competing with each to rule the world, but if we have to rank industries as per their demand and services, the shipping industry is the lifeblood of the world’s economy. It accounts for ninety per cent of the world’s trade.
Needless to say, shipping companies including YF Logistics LLC earning best in the industry as compared to other transports because ships can carry goods in quantities that are impossible by any other mode of transport.
Let’s explore the world’s top eight biggest shipping companies.
1. A.P. Moller-Maersk Group
A.P. Moller-Maersk Group or Maersk is one of the largest container ship and supply vessel operator in the world since 1996. A.P. Moller-Maersk Group is a Denmark based company with offices and subsidiaries across 130 countries and employed 88,000 employees. Furthermore, the company offers services in the transport and logistics, and energy sectors.
2. Evergreen Marine Corporation
The Evergreen Marine Corporation is a China-based shipping company. It was founded in 1968 by Dr Yung-Fa Chang, a visionary in his own right. At present, the Evergreen Marine Corporation has established offices in all over the world. The operational capacity of the company is more than 160 container ships. In the industry it is consider as one of the biggest cargo shipping companies in the world.
3. YF Logistics
YF Logistics LLC is the popular New Jersey, USA based shipping company. They offer wider range of logistics solutions including Warehousing, Transport, Management Consulting and much more. It is known in the industry for providing timely and superior services to the clients every single time.
CMA-CGM is fanmous France’s based container shipping company. It was established in the year 1978, due to the series of mergers between previously established shipping corporations. At present, the CMA-CGM has a marine of over 350 ships operating in more than 150 routes worldwide.
Maersk Shipping Line is a branch of the AP Moller- Maersk company, located in Denmark. Maersk Company is popularly known for its fleet of container ships. In the year 1904, this shipping line made its debut in the international container shipping arena. They use 500 container ships and the capacity of the ship would be around 19, 00,000 TEU (Twenty-Foot Equivalent Units).
In relation to international shipping companies, the German-based Hapag-Lloyd is one of the most popular and well-featured companies. It was established in the year 1970 as a result of the merger between the North German company Lloyd and the Hamburg-American Line. Today the Hapag-Lloyd use over 130 ships to provide around five million containers on a worldwide scale.
American President Lines (APL) a secondary company to the Singaporean Orient Shipping Lines was founded in the year 1848. In the year 2008, the company celebrated its 160thanniversary. APL was the one who successfully utilized fifty three feet extra-large containers on its vessels, accounting for shorter cargo transportation. Needless to say, it was one of the remarkable achievements of the company.
The China Ocean Shipping Company (COSCO), stands at the 8th position in the world’s top best shiping companies. In relation to container shipping companies, this is one of the foremost corporation. Today, the company’s operations successfully spread over 40 countries with a marine of 150 container ships.
So, these are the eight shipping companies who are ruling the industry by providing quality services and employment opportunities around the world. Whether it is YF Logistics LLC or any other shipping company, every company is giving tough competition to each other in order to fetch the maximum customers.