According to Alphaliner data, by the end of May 2025, the number of container shipping companies with a market value exceeding $10 billion has once again increased to six.

The total market value of publicly listed container shipping companies globally has grown by approximately 20% over the past year, reaching $165 billion. Among them, Wan Hai Lines broke the $10 billion mark again by the end of May 2025, becoming one of the six container shipping companies with a market value exceeding $10 billion.

During the current supercycle in the container shipping market, in May 2022, seven out of the then 11 publicly listed container shipping companies had market values exceeding $10 billion, including Hapag-Lloyd, Maersk, COSCO Shipping, Evergreen Marine, Yang Ming Marine, Wan Hai Lines, and HMM.

However, due to market normalization, by October 2023, the number of container shipping companies with a market value exceeding $10 billion decreased from seven to three, including Hapag-Lloyd, Maersk, and COSCO Shipping.

By the end of 2024, Evergreen Marine and HMM once again surpassed the $10 billion mark in market value.

Alphaliner highlights that one of the key reasons for the current increase in market value of container shipping companies is geopolitical risks. "The Red Sea crisis and unexpected profits from the threat of Trump 2.0 tariffs continue to keep container shipping company stock prices high."

Among these 11 publicly listed container shipping companies, only COSCO Shipping, HMM, and Matson have market values higher than three years ago. Other companies such as Hapag-Lloyd, Maersk, Evergreen Marine, Wan Hai Lines, Yang Ming Marine, and ZIM have market values lower than in May 2022.

Furthermore, fleet size does not seem to have a direct correlation with market value. Among these companies, SITC International, which focuses on operations within the Asian region, remains favored by investors with a market value of $8.1 billion. This indicates that SITC International is able to achieve good performance through strategies such as differentiated operations, cost control, and improved operational efficiency.