In issue 725 of the Sea-Intelligence Sunday Spotlight, we review the developments in capacity market shares of the current top-10 container shipping lines, and our analysis reveals a dramatic consolidation in the container shipping industry over the past 15 years, with the market share of the current top-10 global shipping lines growing from 55% in 2010 to 86% in 2025.
As Figure 1 shows, the growth was almost entirely at the expense of shipping lines outside the current top-10, which is not much of a surprise, given the number of mergers and acquisitions seen within this period. Figure 1 also shows that the growth over this 15-year period was not evenly distributed among shipping lines. MSC saw the largest individual gain, growing its market share by nearly 10 percentage points, and notably, this growth has been entirely organic, as MSC did not engage in mergers and acquisitions. In contrast, Maersk saw a slight decline of 0.9 percentage points in the same period, despite Maersk’s 2017 acquisition of Hamburg Süd, a competitor that held an approximate 3% market share. (....)