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Hoover's Directories > Industry Overviews > Deep Sea Freight Transportation

Deep Sea Freight Transportation

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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
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Top 5 Companies

CompanySalesLocation
A.P. Møller - Mærsk A/S56,108.95MCopenhagen, Denmark
Nippon Yusen Kabushiki Kaisha23,279.28MTokyo, Japan
Maersk A/S21,331.00MCopenhagen, Denmark
Mitsui O.S.K. Lines, Ltd.18,627.35MTokyo, Japan
Dr. August Oetker KG12,532.21MBielefeld, Germany
Bullet - Yellow Arrow Box There are 18,010 companies in this industry. To view all of them, register now.

Industry Indicator

The average US retail price for diesel and regular gas, a major operating cost for deep sea shipping fleets, rose 13.1 percent and 9.3 percent respectively in the week ending January 16, 2012, compared to the same week in 2011.
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Quarterly Industry Update

Imports, Exports Increase  - Imports of goods into the US, a key indicator of demand for deep sea freight transportation companies, increased 16 percent the first nine months of...
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