Deep Sea Freight Transportation
Industry Description
The US deep sea shipping industry includes about 300 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $8 billion. Major companies include APL, Crowley, and Overseas Shipholding Group. The industry is highly concentrated: the 50 largest companies account for more than 90 percent of industry revenue.
SIC: 4412
NAICS: 483111
NAICS: 483111
Related Industries:
Freight Forwarding Services, Warehousing & Storage, Inland Water Freight Transportation, RailroadsTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| A.P. Møller - Mærsk A/S | 58,247.11M | Copenhagen, Denmark |
| Nippon Yusen Kabushiki Kaisha | 23,279.28M | Tokyo, Japan |
| Maersk A/S | 21,331.00M | Copenhagen, Denmark |
| Mitsui O.S.K. Lines, Ltd. | 18,627.35M | Tokyo, Japan |
| PERKINS INDUSTRIES PTY. LTD. | 15,788.74M | Melbourne, Vic |
Trends
Increased Container Shipping - Total US container ship trade has increased 75 percent...
Industry Indicator
The average US retail price for diesel and regular gas, a major operating cost for deep sea shipping fleets, rose 2.4 percent and 5.3 percent respectively in the week ending May 14, 2012, compared to the same week in 2011.
Quarterly Industry Update
Container Carriers Face Overcapacity - High fuel prices and depressed freight rates are leading some container ship operators to take vessels out of service, and a recent report from Maersk...


