March 3, 2025 | Page 24

Trans-Pacific Maritime
Special Report
Journal of Commerce Top 15 Container Lines by US Exports to Asia
Containerized US exports to Asia , 2024 vs . 2020 , 2021 , 2022 and 2023 , in laden TEUs
The Journal of Commerce Top 15 Container Carriers by US Exports to Asia accounted for more than 99.5 % of the 4.9 million TEUs in westbound trans-Pacific trade in 2024 , a decrease of 4.2 % from 2023 and 16.1 % from 2020 . The Top 5 carriers handled 70.1 % ( 3.5 million TEUs ) of US exports to Asia last year , down from 70.7 % ( 3.7 million TEUs ) in 2023 .
Ocean carrier
2024
Annual US Exports to Asia
Percentage Change
2024
Website
market
From
From
From
From
Rank
World , US headquarters
share
2020
2021
2022
2023
2024
2020
2021
2022
2023
1 CMA CGM / APL
17.5 %
1,031,071
1,063,306
1,098,327
968,052
869,598
-15.7%
-18.2%
-20.8% -10.2%
www . cma-cgm . com ; www . apl . com
Marseille ; Norfolk , Va .; Singapore ; Scottsdale , Ariz .
2 Ocean Network Express ( ONE )
16.7 %
1,062,010
954,461
821,466
930,019
832,370
-21.6%
-12.8%
1.3 % -10.5%
www . one-line . com
Singapore
3 Cosco Shipping / OOCL
15.8 %
1,074,315
962,276
856,161
818,295
786,589
-26.8%
-18.3%
-8.1%
-3.9%
www . coscoshipping . com ; www . oocl . com
Shanghai ; Secaucus , NJ ; Hong Kong ; Salt Lake City
4 Evergreen Line
10.5 %
609,375
557,842
469,600
538,061
524,262
-14.0%
-6.0%
11.6 %
-2.6%
www . evergreen-line . com
Taipei ; Jersey City , NJ
5 A . P . Møller - Maersk *
9.5 %
511,620
460,944
364,721
402,137
474,477
-7.3%
2.9 %
30.1 %
18.0 %
www . maerskline . com
Copenhagen ; Florham Park , NJ
MARKET SHARE OF TOP 5 CARRIERS
BY US EXPORTS TO ASIA
70.1 %
72.6 %
75.3 %
72.7 %
70.7 %
70.1 %
TOP 5 CARRIERS BY US EXPORTS TO ASIA 4,288,391 3,998,829 3,610,275 3,656,564 3,487,295 -18.7 % -12.8 % -3.4 % -4.6 %
6 Mediterranean Shipping Co . ( MSC )
8.3 %
413,528
374,411
334,043
434,739
414,484
0.2 %
10.7 %
24.1 %
-4.7%
www . mscgva . ch
Geneva ; New York
7 HMM
7.2 %
358,439
303,019
347,670
371,758
358,787
0.1 %
18.4 %
3.2 %
-3.5%
www . hmm21 . com
Seoul ; Irving , Texas
8 Hapag-Lloyd
4.5 %
212,949
137,607
168,228
170,902
224,145
5.3 %
62.9 %
33.2 %
31.2 %
www . hapag-lloyd . com
Hamburg ; Piscataway , NJ
9 Yang Ming Line
4.5 %
397,279
221,921
263,092
236,079
222,723
-43.9%
0.4 %
-15.3%
-5.7%
www . yangming . com . tw
Keelung ; Newark , NJ
10
Zim Integrated Shipping Services
2.5 %
125,929
145,885
90,866
180,620
125,929
0.0 %
-13.7%
38.6 % -30.3%
www . zim . com
Haifa ; Norfolk , Va .
11
SM Line
1.6 %
69,886
50,711
61,858
58,235
78,032
11.7 %
53.9 %
26.1 %
34.0 %
www . smlines . com
Seoul , South Korea
12
Wan Hai Lines
0.4 %
11,822
45,955
56,711
16,243
22,077
86.7 %
-52.0%
-61.1%
35.9 %
www . wanhaiusa . com
Taipei ; Phoenix , Ariz .
13
Matson
0.3 %
10,062
18,786
17,873
31,644
13,609
35.3 %
-27.6%
-23.9% -57.0%
www . matson . com
Oakland , Calif .
14
Swire Shipping
0.1 %
1,131
5,505
387.0 %
www . swireshipping . com
Singapore
15
Westwood Shipping
0.0 %
13,318
12,177
14,608
12,281
1,187
-91.1%
-90.2%
-91.9% -90.3%
www . wsl . com
Puyallup , Wash .
TOTAL TOP 15 CARRIERS
BY US EXPORTS TO ASIA
9.5 %
5,901,603
5,310,431
4,965,223
5,169,065
4,953,774
-16.1%
-6.7%
-0.2%
-4.2%
TOTAL US EXPORTS TO ASIA 100.0 % 5,908,665 5,310,697 4,965,909 5,170,402 4,977,058 -15.8 % -6.3 % 0.2 % -3.7 %
MARKET SHARE OF TOP 15 CARRIERS BY US EXPORTS TO ASIA
99.9 %
100.0 %
100.0 %
100.0 %
99.5 %
* A . P . Møller - Maersk includes Maersk , Sealand , Safmarine , and Hamburg Süd . Source : S & P Global © 2025 S & P Global
24 Journal of Commerce | March 3 , 2025 www . joc . com