Asia-Pacific Shipping Agency Services Market Share

Market Share of Asia-Pacific Shipping Agency Services Industry

The report covers major players operating in the Asia-Pacific shipping agency services market. The market is highly fragmented in nature, with large companies claiming significant market share.

Shipping agency services are the backbone of any shipping business. They help companies handle the logistics of shipping goods, including packing and shipping, insurance, and customs clearance. The biggest shipping companies in the world are A. P. Møller - Mærsk A/S, Nippon Yusen Kabushiki Kaisha, and COSCO SHIPPING Holdings Co. Ltd. These companies handle a majority of the world's shipping needs. They have economies of scale and can provide low-cost shipping for large orders.

Several key players engage in business expansion, awards and recognition, and other strategies to improve their offerings and remain competitive in the market.

For instance, in September 2022, GAC India has been recognized as the steamer agent handling the second-highest number of dry bulk and break bulk cargo at the Port of Haldia. The award is a testimony of the company's experience and expertise in handling dry bulk cargo vessels, as well as its commitment to continue delivering professional and prompt ship agency services.

Some of the key players in the Asia-Pacific shipping agency services market are Falcon Freight, Bansar, Sinotrans, International Clearing & Shipping Agency (India) Pvt. Ltd., Legend Shipping Agency, Batam Shipping Agency, Albatross Shipping Agencies, Intermodal Shipping Inc., HS Lanka, Samudra Marine Services Pvt. Ltd., etc.,

APAC Shipping Agency Services Market Leaders

1. Falcon Freight

2. Bansar

3. International Clearing & Shipping Agency (India) Pvt. Ltd.

4. Legend Shipping Agency

5. Batam Shipping Agency

*Disclaimer: Major Players sorted in no particular order