Top 10 Shipping Container Manufacturing Companies

Transportation has been the lifeline of our planet ever since prehistoric times. There are various modes of transportation but unsurprisingly Sea transport remains the most widely used form of transport not just over the history of humanity but to date. There is ample evidence available if one wants to explore and dig out the facts. In our routine lives, we tend to overlook the fact that commercial freight transport is as integral as the daily commute we undertake through roadways and airways.

Now there might be a question arising in your mind about how does commercial freight transport matter to you? If yes, then you might want to take a step back and revisit the year 2020 when our lives changed overnight because of the pandemic which stuck us at once and not just restricted but halted all the human activities resulting in restrictions on the movement of goods that ultimately caused a shortage of many essential and lifesaving items. In this blog, we explore in detail more about the Top 10 largest shipping container manufacturers that makes this movement of goods possible.

The fact that the sea transport forms a mammoth 90% share of the overall global trade may be news to you and this article will help you understand more in detail about the shipping container manufacturing companies that enable this mode of transport and thus are a big part of your life.

Global Shipping Container Industry Overview

The shipping industry is a fundamental part of the transportation sector and the overall supply chain. This industry is almost analogous to a clock as it incessantly facilitates the movement of goods across geolocations promptly enabling the progression of the global economy. Considering the volume of cargo that ships carry compared to other transportation modes and the operational swiftness that the Shipping container manufacturers & suppliers offer is simply unmatched.

Standardization is a vital aspect of every industry. Similarly, in the shipping industry, the Freight container manufacturers measure the containers in TEU (twenty-foot equivalent units). The TEU is used as an exact unit of measurement that is used to determine cargo capacity for container ships and terminals alike and is being derived from the dimensions of the standard 20-foot shipping container.

Apart from being safe, economical, and efficient the biggest advantage of this industry is its environmental friendliness. The other modes of freight transport such as Railways, Roadways, and Airways emit much higher amounts of Carbon per tonnage of Cargo transported compared to that of the sea transport and this is another reason that Best Shipping Container Manufacturers are witnessing a dramatic increase in the customer base as more and more companies in their race towards turning Carbon neutral are resorting to using Sea transport as the preferred method for goods transport.

The top ten largest shipping container manufacturers are:-

1.?China International Marine Containers (Group) Co., Ltd?(CIMC) is a Chinese shipping giant?Headquartered in Shenzhen, China, and is engaged in the manufacture and sale of transportation equipment(s). Amongst other major goods sold by them, the majority portion is formed by shipping container trading and sales.?

2.?Maersk Container Industry (MCI) is a Danish shipping company, headquartered in Copenhagen, Denmark, and is among the largest container manufacturer in the world. It’s a publicly held company employing close to around 80,000+ employees spread across a network of offices & subsidiaries throughout 130 countries. The major chunk of revenue comes from Ocean and inland freight transportation. The company was recently in news for securing a unique partnership to produce green fuel for its first vessel to operate on carbon-neutral methanol.

3. Singamas Container Holdings Ltd. (SINGAMAS), headquartered out of Shanghai, China has been in operations since 1990. The company is one of the World's largest shipping container manufacturers with a production capacity of 320 thousand TEUs

4.?CXIC Group Containers Co., Ltd. (CXIC -?Changzhou Xinhuachang International Containers Co., Ltd.) is located in Changzhou, Jiangsu Province, neighboring Shanghai which is the Financial capital of China and thus a very vital global trade center. The company is inactive business operations since 1994 and has a production capacity of 250 thousand TEUs.

5.?China Eastern Containers (CEC) is another Chinese company that secures a place amongst the noted Cargo container manufacturers and is headquartered out of Shanghai. CEC has a unique offering for its customers that is a tailor-made customized container solution and has a production capacity of 150 thousand TEUs.

6.?China COSCO Shipping Corporation Limited is a company based in Shanghai, China. This is a company that was formerly helped by the Chinese government and has a multitude of subsidiaries such as OOCL, COSCO Shipping Co Ltd, New Golden Sea, and Shanghai Pan Asian Shipping. It has an annual revenue of RMB 7+ billion and has an impressive fleet strength of 10000+ ships with several dry bulk vessels that are served by 130 thousand plus employees globally.

7.?W&K Container Inc is the only American shipping container manufacturer and supplier on our list of Industrial Containers Manufacturers USA today that is headquartered out of California, USA. It’s been operating since the year 1995 and has been serving clients of global repute worldwide. They offer products like new custom-made ISO standard approved shipping containers as well as can also help you with trading or sourcing a used ISO grade shipping container. The US Federal govt. as well as the US Military are some of their renowned customers.

8.?TLS Offshore Containers International is headquartered out of Singapore and offers rather unique container solutions such as pressurized containers, equipment containers, module containers as well as refrigerated containers. They have a state of the art 150 thousand Meter manufacturing facility in Yangzhou, China that helps customers with the most unique container solutions such as Intelligent pressurized containers, temporary refuge (TR) shelter, toxic gas refuge (TGR), laboratory containers and etcetera.

9.?YMC Container Solutions – next on our list is this Yorkshire, UK-based one of the Best Shipping Container Manufacturers that has reputable industry accreditations such as ISO 9001, MPBA, FPAL, and BBA. YMC is into the business of containers since around more than 4 decades and offers a whole range of bulk and offshore containers to customers around the world.

10.?DCM Hyundai – Headquarters: Finally on our list is DCM Hyundai, a Faridabad, India headquartered Cargo Container Manufacturers company which is a successful joint venture between the renowned DCM Shriram Industries Ltd., India, and?Hyundai Mobis, Korea,?that manufactures all types of containers. They offer products based on the ISO/CSC standards and have been at the forefront of supporting customers across 25+ countries since its inception in 1993.

Global Shipping Container Industry Trends for Future

As they say, data is the new oil and according to a recently released report by the Global Container Shipping Market and forecasts (2021 - 2026), the Shipping Container Industry has come of age from the impact of Covid – 19 and is set to register a stellar growth of 5% CAGR which may prove in itself an ample data to fuel a sustained growth for the shipping container industry.

Although back in 2020 when this pandemic was still setting in, even the Largest container manufacturers in the world were in dire straits since it was more of a catch-22 situation for anyone in the business of transportation as the New Normal could only be understood & adopted once the draconian restrictions on the movement of people and goods which were imposed by most of the governments around the globe, would have been lifted.

As the year 2020 passed by and we entered the New Year 2021 with renewed hopes, the shipping container quickly matched the pace by embracing the way forward and adapting to the tools and technologies that would support the social distancing norms that resulted in a more complex logistics handling that further complicated the supply chains but digitalization such as Increased automation via autonomous material handling robots reduces human dependency and manual errors and improves efficiency and reliability which has provided much-needed respite to the shipping industry.

Furthermore, the new-age technologies such as digital inventory, blockchain-based tracking, shifting the container manufacturing to a more automated version enabled via the Digital twin manufacturing as well as 3D printing techniques promise a revolutionary turnaround not just from the cost savings perspective but also from reduced manufacturing and delivery timelines point of view.

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See you next time soon!!

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