Executive Summary: A Sea Change
A summary of CDP's Investor Research on the shipping sector, ranking 18 of the largest publicly listed shipping companies
Download the report
1.9 MB
A Sea Change
Which shipping companies are ready for the low-carbon transition?
In this report, we rank 18 of the largest publicly listed shipping companies on business readiness for a low-carbon transition.
10%
Shipping accounts for up to 3% of global emissions and 10% of transport emissions
80%
It is an integral part of the global economy, transporting around 80% of the world’s trade in physical goods
30%
Slow steaming is an important short-term solution reducing carbon emissions by up to 30%
CDP’s League Table of companies in the shipping sector:
| Company | Country/Region | Average market cap FY 2018 Q4 (US$bn) | League Table weighted rank | League Table rank |
| NYK Line | Japan | 3.4 | 4.89 | 1 |
| Maersk | Denmark | 25.3 | 5.03 | 2 |
| MOL | Japan | 3.5 | 6.53 | 3 |
| K Line | Japan | 2.2 | 7.43 | 4 |
| HMM | South Korea | 1.0 | 8.87 | 5 |
| Norden | Denmark | 0.6 | 9.34 | 6 |
| OOIL | Hong Kong | 6.0 | 10.15 | 7 |
| U-Ming | Taiwan | 0.9 | 10.24 | 8 |
| Hapag-Lloyd | Germany | 4.5 | 10.32 | 9 |
| Wan Hai | Taiwan | 1.2 | 11.26 | 10 |
| Evergreen Marine | Taiwan | 1.8 | 11.55 | 11 |
| COSCO S.H | China | 5.4 | 11.91 | 12 |
| Yang Ming | Taiwan | 0.7 | 12.40 | 13 |
| Pacific Basin | Hong Kong | 0.9 | 12.46 | 14 |
| Teekay | Bermuda | 0.3 | 12.58 | 15 |
| Euronav | Belgium | 1.6 | 12.72 | 16 |
| NS United KK | Japan | 0.5 | 13.86 | 17 |
| COSCO S.ET | China | 2.4 | 13.94 | 18 |
Source: CDP