World’s Largest Shipping Line

Maersk Tankers Forms Large-Scale Tanker Company Through Acquisition Of Penfield Marine

For an undisclosed fee, Maersk Tankers has purchased US pool operator Penfield Marine, creating a key player in the oil and product tanker industry that will oversee roughly 240 vessels. Tina Revsbech will lead the merged company, which will function under Maersk Tankers and Brand and have its offices in Copenhagen. Tim Brennan and Eric …

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MSC Overtakes Maersk In Becoming the World’s Largest Shipping Line

According to recent data released by Alphaliner, MSC Mediterranean Shipping Company added more than one million TEUs (20-foot equivalent containers) in 2023, solidifying its status as the largest shipping line globally. At the start of 2022, MSC surpassed Maersk to become the largest shipping line worldwide. From that point on, the Geneva-based major’s leading fleet …

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