Deep Sea Freight Transportation Industry Overview

Excerpt from Deep Sea Freight Transportation Report

Companies in this industry provide deep sea transportation of cargo to or from foreign ports. Major companies include A.P. Møller - Mærsk (Denmark), CMA CGM (France), COSCO (China), Crowley (US), Evergreen (Taiwan), Hapag-Lloyd (Germany), and MSC Mediterranean Shipping (Switzerland).

Competitive Landscape

Demand is driven by global imports and exports. The profitability of individual companies depends on efficient operations and a good safety record. Large companies have advantages in fleet size and port access. Small companies can compete effectively by chartering services out of smaller ports and transporting unusual cargo. The industry is capital-intensive: average annual revenue per worker is about $600,000. The industry is highly concentrated: the 50 largest companies account for more than 90 percent of industry revenue.

Products, Operations & Technology

Major services include transportation of intermodal containers (about 35 percent of industry revenue), boxed and palletized goods (25 percent), dry bulk cargo (10 percent) and bulk liquids and gases (10 percent). Other services include transportation of automobiles and trailers, as well as maintenance and repair services.