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🔥The Big Six Carriers - Q3 Power Comparison!

💡The clearest, simplest, most data-driven look at the six carriers controlling over 50% of global container shipping.

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Maritime Analytica
Nov 27, 2025
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🔥 Greetings, Maritime Mavericks!

2025 has been a brutal year.

Rates collapsed. Oversupply exploded. Geopolitics wrecked schedules.

And yet—the world’s 6 most important carriers delivered 6 completely different Q3 stories.

Let’s break it down clearly, simply, and powerfully.

  • 🔵 1. Revenue Performance — Who Held the Line?

  • 🟦 2. EBITDA — Who Actually Made Money?

  • 🔶 3. EBITDA Margin — The Real Profitability Indicator

  • 📦 4. Volumes — Who Carried the Most Boxes?

  • 💵 5. Revenue per TEU — Who Earned the Most per Box?

  • 🔥 6. Full-Year Guidance — The Battle for 2025 Survival

  • 🧭 7. Strategy Signals — What Each Carrier Is Really Doing

  • 🚨 THE BIG PICTURE — 2025’s Most Important Truths

  • 🏁 Final Take — The 2026 Power Balance Is Shifting


💡For deep dive for each carrier, see detailed analyses below. 👇

🔥Maersk Q3 2025: Rates Collapse, Volumes Surge — Is This Strategy or Pure Survival?

🔥Maersk Q3 2025: Rates Collapse, Volumes Surge — Is This Strategy or Pure Survival?

Maritime Analytica
·
Nov 6
Read full story
🔥CMA CGM Q3 2025: Volatile Markets, Bold Moves!

🔥CMA CGM Q3 2025: Volatile Markets, Bold Moves!

Maritime Analytica
·
Nov 15
Read full story
🚨COSCO on 9M-2025: Strong Volumes, Weak Pricing!

🚨COSCO on 9M-2025: Strong Volumes, Weak Pricing!

Maritime Analytica
·
Nov 10
Read full story
🚨Hapag-Lloyd Q3 2025: Rates Crash, Volumes Surge — Discipline Over Luck!

🚨Hapag-Lloyd Q3 2025: Rates Crash, Volumes Surge — Discipline Over Luck!

Maritime Analytica
·
Nov 13
Read full story
🚨ONE Q3 2025: Profit Today, Loss Tomorrow!

🚨ONE Q3 2025: Profit Today, Loss Tomorrow!

Maritime Analytica
·
Nov 8
Read full story
🔥Breaking: ZIM Q3 2025 — Revenue Crashed. Cash Held. Margins Survived.

🔥Breaking: ZIM Q3 2025 — Revenue Crashed. Cash Held. Margins Survived.

Maritime Analytica
·
Nov 21
Read full story

💡This analysis is part of the Maritime Analytica — Global Container Shipping Outlook 2026. For more, become Gold Member or buy the report separately.


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🔵 1. Revenue Performance — Who Held the Line?

📊Q3 Consolidated Revenues: Maersk $14.2B – CMA CGM $14.0B – COSCO $8.2B – Hapag-Lloyd $5.5B – ONE $4.5B – ZIM $1.8B

  • Maersk and CMA CGM dominate above $14B.

  • COSCO forms a clear second tier, well ahead of Hapag-Lloyd and ONE.

  • Hapag stays mid-scale; ONE feels rate pressure; ZIM small but efficient.

  • Scale helps revenue — but Q3 proved size ≠ profitability.


🟦 2. EBITDA — Who Actually Made Money?

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