[Watch] How Shipping Companies Evolved in the Last 4 Decades?

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Lars Jensen, a leading expert in the container shipping industry as a “fun fact” found a list of the 20 largest container shipping lines in 1980 to see how many were left now 40 years later.

Listed in the order of their size in 1980 they are: Hapag Lloyd, Maersk, Evergreen, Zim and Yangming.

Additionally there are 5 brand names left, but they are now owned by other lines: Sealand (owned by Maersk, and only recently “revived” as a brand name), CGM (acquired by CMA and became CMA CGM in 1996), APL (now part of CMA CGM), OOCL (now part of COSCO) and ACL (now part of Grimaldi). 

Incidentally these 20 largest lines controlled 40% of the global capacity 40 years ago. The 20 largest lines today control 93%.

Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or advice of any sort. Please consult the experts in that field for the authenticity of the presentations.

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Source: MarineInsight

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