ShippingWatch

Two container lines in particular expanded their fleets in 2020

Eight of the world's 12 largest container lines expanded their fleets this year. Two shipping lines in particular accounted for the biggest fleet growth in teu, while things looked different for the world's biggest container line, Maersk, writes Alphaliner.

Photo: HMM

With a significant expansion of its fleet, South Korea's HMM climbed up the ranking of the world's largest container lines in 2020.

According to an overview by Alphaliner, HMM and CMA CGM both recorded the biggest fleet growth in 2020 measured in teu. As such, HMM grew its fleet 85 percent this year, and the South Korean container line thus moved from 10th place to 8th on the list of the world's biggest container players, writes Alphaliner.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Poseidon Principles set to raise ambitions in coming weeks

The banks in Poseidon Principles are working on the basis of halving CO2 emissions in shipping by 2050. At the same time, some of the same banks are working towards a target of CO2 neutrality by 2050 as part of the Net-Zero Banking Alliance. Before long, Poseidon will reassess its ambition.

Further reading

Related articles

Trial banner

Latest news

See all jobs