Top 40 Container Carriers

Top 40 Container Carriers

As expected, year-over-year growth in U.S. containerized imports and exports and total trade was middling in 2013. U.S. container volume, excluding empties, increased 2.8 percent year-over-year in 2013, totaling 30.8 million TEUs.


U.S. imports increased 3.1 percent to nearly 18.1 million TEUs, and represented 58.6 percent of total U.S. trade. Volume at 15 of the JOC Top 40 Import carriers declined year-over-year. U.S. exports totaled nearly 12.8 million TEUs in 2013, advancing 2.4 percent year-over-year. Individual carrier results were mixed, with year-over-year declines at 12 of the JOC Top 40 Export carriers.

Previous rankings

Top 40 Carriers in U.S. Containerized Trade in the First Half of 2013

Top 40 Carriers in U.S. Containerized Trade in 2012

Special Coverage

Top 40 Container Carriers in U.S. Export Trade, 2013
Full-year 2013 numbers are in for the U.S. containerized ocean trade, and, as expected, year-over-year growth in imports, exports and total trade was middling.

News & Analysis

Top 40 container lines in U.S. import trade in the first quarter of 2014
17 Jul 2014
First-quarter 2014 numbers are in for the U.S. containerized ocean trade, with year-over-year results essentially flat.
Rodolphe Saade
05 Sep 2013
CMA CGM is building a war chest. The French ocean carrier has nurtured its debt-ridden balance sheet back to health and is raising capital to guard against future down cycles in what promises to be an increasingly volatile environment for the container shipping industry.
Hyundai container terminal
04 Sep 2013
Hyundai Merchant Marine said it expects to return to profitability after a long interval of operating losses.
Maersk Kampala in 2007. Photo by Andrew McAlpine, courtesy Maersk Line.
04 Sep 2013
Firefighters today extinguished a fire aboard the Maersk Kampala which broke out on Thursday as the container ship was preparing to transit the Suez Canal en route to Europe.
01 Sep 2013
Firefighting tugs early Monday were making progress toward extinguishing a blaze on the Maersk Kampala, five days after fire broke out in a container in the ship’s forward bay as it steamed toward the Suez Canal, Maersk Line said.
Cosco container ship at Prince Rupert
29 Aug 2013
Cosco Container Lines reported a loss of $366 million for the first half of 2013, China Cosco Holdings Co. said in a filing to the Shanghai Stock Exchange Thursday.

Commentary

Although many in the industry have been waiting and wondering when the inevitable consolidation of ocean carriers would happen — presumably via the historical processes of buyouts, mergers or absorbing bankrupt companies — the consolidation has been happening in a much more organic process.