TEU Logistics is a an specific unit of measurement used in global trade logistics to determine cargo capacity for container ships and terminals. The acronym TEU stands for Twenty-foot Equivalent Unit. A TEU is a shipping container with internal dimensions that measure approximately 20-feet long, 8-feet wide, and 8-feet tall. Whether you’re using EUR-pallets or standard pallets, expect between 9 and 11 pallets to fit in a TEU. The term TEU is widely used throughout the shipping industry as a general measurement. Today, TEU is often used to determine cargo capacity on shipping vessels. It is commonly used to calculate containers per port activity.
There is a a contractual relationship between a container trading platform and a shipping company regarding a temporary trade and lease of a set of containers. Container Xchange is one of the reliable and trustworthy container trading platform that these top international shipping companies, freight forwarders, and NVOCC used to lease, and trade containers online to increase flexibility, efficiency and save cost.
1. A.P. MOLLER-MAERSK GROUP
TEU Logistics measures for A.P Moller Group: 4,176,517
A.P Moller-Maersk operates in 130 countries and ships around $675 billion worth of goods per year. The company has a fleet of five Maersk Triple E-class container ships. Each one can carry more than 18,000 twenty-foot equivalent units (TEU). This container ship was the largest in the world before the CSCL Globe surpassed it in 2013.
2. MEDITERRANEAN SHIPPING COMPANY S.A. (MSC)
TEU Logistics measures for Meditteranean Shipping Group: 3,657,272
Mediterranean Shipping Company is a privately owned and global provider of shipping and logistics solutions. With their fleet of more than 500 container vessels and a capacity of approximately 3 million TEU, MSC facilitates international trade between the world’s major economies and emerging markets.
The company stops at 500 ports on 200 trade routes around the world and delivers dry cargo as well as reefer cargo. MSC also offers intermodal transportation services that include door to door, factory to consumer, and a combination of transport solutions to fulfill their delivery obligations.
MSC’s services include overland transportation logistics, and the company has a growing portfolio of port terminal investments.
3. CHINA COSCO
China Ocean Shipping Company (COSCO Group) is a government-owned shipping and logistics supplier company of the People’s Republic of China. COSCO’s subsidiaries include COSCO Shipping Co Ltd, OOCL, Shanghai Pan Asia Shipping, and New Golden Sea and Coheung.
COSCO Group owns more than 360 dry bulk vessels and 10,000 ships. The COSCO fleet stops at more than a thousand ports around the world. The company is the largest dry bulk carrier and liner carrier in China and one of the most prominent dry bulk shipping operators in the world.
4. CMA CGM GROUP
CMA CGM Group derives its name from the French acronym “Maritime Freighting Company – General Maritime Company” and is a shipping company that offers a wide range of international services.
The company offers solutions that include vessel- and container fleet management, freight delivery, cargo cruises, and logistics. CMA CGM Group serves more than 420 of the world’s 521 commercial ports, and its fleet of 509 vessels operates on more than 200 shipping lines.
CMA CGM Group is based in France but is present in 160 companies through 755 agencies and 750 warehouses. The largest ship in the company fleet is the CMA CGM Georg Foster that can carry up to 18,000 TEU.
Hapag-Lloyd is based in Germany and is the country’s largest ocean liner with five regional headquarters in Piscataway, Hamburg, Valparaiso, and Singapore. The company serves 128 countries through 399 offices, and it has a total capacity of just under 1,7 Million TEU.
With its modern reefer container fleet of 237 ships, Hapag-Lloyd offers a total of 118 liner services throughout the world.
The Hapag-Lloyd fleet stops at 600 ports on all continents to provide fast and reliable international trade connections. The company is also an ocean carrier for Latin America, Intra-America, Middle-East, and Transatlantic trades.
6. ONE (OCEAN NETWORK EXPRESS)
Ocean Network Express started trading in April 2018 and is a joint venture between Nippon Yusen Kaisha, Mitsui O.S.K. Lines, and K-Line. Despite being a relatively young company, ONE has a sizable fleet that consists of 240 container vessels and 31 container ships. Each has a capacity of 20,000 TEU. Currently, ONE has more than 14,000 reefer containers.
ONE’s global headquarters is in Singapore, and it has a holding office in Tokyo, Japan. The company’s regional headquarters are in London, Richmond, Hong Kong, and Sao Paulo. ONE also has local offices in 90 countries that take care of corporate and sales activities.
7. EVERGREEN MARINE CORPORATION
The Evergreen Marine Corporation is an established Taiwanese shipping and container transportation company. Evergreen Group’s divisions include Uniglory Marine Corporation, Evergreen UK Ltd, and Italia Marittima S.p.A.
The company’s primary trade routes are between the Far East and countries in the southern hemisphere, the Americas, and northern Europe and the East Mediterranean. Additional routes are between Europe and the east coast of North America and between Asia and the Middle East.
Evergreen’s fleet consists of more than 200 container ships, and the company calls on 240 ports throughout the world.
8. YANG MING MARINE TRANSPORT CORPORATION
Yang Ming Transport Corporation provides international shipping and logistics services. The company’s subsidiaries include Kuang Ming Shipping Corporation, Jing Ming Transport Company, and Yes Logistics Corporation.
Yang Ming’s fleet consists of 101 vessels and has an operating capacity of 7.74 million deadweight tonnage. The fleet covers more than 70 nations over 170 service points. The company also has a logistics unit and container terminals in Taiwan, Belgium, the Netherlands, and the United States.
9. PIL (PACIFIC INTERNATIONAL LINES)
Pacific International Lines (PIL) is an international shipping company that focuses primarily on container shipping. The PIL fleet consists of 153 ships and serves more than 500 locations around the world.
The company’s primary routes are between Asia, Africa, and the Middle East, but it also stops at North America, the Black Sea, Australia, New Zealand, and India.
In addition to container shipping, PIL also offers solutions pertaining to container manufacturing, supply chain management, logistics, and ship recycling.
10. HYUNDAI MERCHANT MARINE
Hyundai Merchant Marine (HMM) is an international shipping company with a fleet that consists of more than 130 vessels. The company covers around 50 sea routes to more than 100 ports around the world. In addition to international shipping solutions, HMM also offers its clients customized supply chain solutions for dry, refrigerated, and specialized cargo.
In addition to a shipping fleet, HMM also has an international network of terminals, railroads, trucks, and offices to provide integrated and efficient logistics services.