{"id":3867,"date":"2025-06-13T09:00:15","date_gmt":"2025-06-13T02:00:15","guid":{"rendered":"https:\/\/htkvn.com\/?p=3867"},"modified":"2025-06-12T17:52:00","modified_gmt":"2025-06-12T10:52:00","slug":"85-of-the-market-overlooked-a-golden-opportunity-for-business-in-the-maritime-industry","status":"publish","type":"post","link":"https:\/\/htkvn.com\/en\/tin-tuc\/tin-tuc-nganh\/85-of-the-market-overlooked-a-golden-opportunity-for-business-in-the-maritime-industry\/","title":{"rendered":"85% of the Market Overlooked: A Golden Opportunity for Businesses in the Maritime Industry"},"content":{"rendered":"<p><strong>Many Believe the Global Shipping Industry Is Dominated by a Handful of Giants \u2013 But That\u2019s Only Part of the Picture<\/strong><\/p>\n<p>This perception may hold true in the standardized container shipping segment, but it doesn&#8217;t fully reflect the broader landscape of the global maritime industry.<\/p>\n<h3>Common Misconception: Big Players Always Reign Supreme!?<\/h3>\n<p>In container shipping, the top 10 companies control around <strong>85% of global capacity<\/strong>. However, beyond this segment, the rest of the maritime industry is highly <strong>fragmented, diverse<\/strong>, and primarily operated by <strong>micro, small, and medium-sized enterprises (MSMEs)<\/strong>. Since there is no industry-wide standard definition of MSMEs in shipping, we can use the following general criteria:<\/p>\n<ul>\n<li>Fleet size under 50 vessels<\/li>\n<li>Operations focused on local or regional markets<\/li>\n<li>Provide specialized services (rather than global shipping chains)<\/li>\n<li>Lean, flexible organization\u2014often family-run or privately owned<\/li>\n<\/ul>\n<p>This is a <strong>crucial insight<\/strong> for tech startup founders, investors, and logistics professionals who aim to drive innovation in the sector.<\/p>\n<hr \/>\n<h3>In Particular: The Dry Bulk Shipping Industry<\/h3>\n<p>The dry bulk segment\u2014which transports commodities like coal, grain, and ore\u2014is even more fragmented. The top 10 dry bulk carriers account for <strong>less than 15%<\/strong> of the global dry bulk fleet.<\/p>\n<p>Some examples:<\/p>\n<ul>\n<li><strong>Oldendorff Carriers GmbH &amp; Co. KG<\/strong> \u2013 700 vessels<\/li>\n<li><strong>Pacific Basin Shipping Limited<\/strong> \u2013 266 vessels<\/li>\n<li><strong>Ultrabulk A\/S<\/strong> \u2013 190 vessels<\/li>\n<li>(Others include: Star Bulk, Western Bulk, Navios, Fednav, etc.)<\/li>\n<\/ul>\n<p>In total, these top 10 companies own around <strong>1,911 vessels<\/strong>, compared to <strong>tens of thousands<\/strong> of dry bulk ships currently in operation.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-2657\" src=\"https:\/\/htkvn.com\/wp-content\/uploads\/2025\/03\/Copy-of-55603c63dca901f758b89-Picsart-AiImageEnhancer.png\" alt=\"\" width=\"2560\" height=\"1440\" srcset=\"https:\/\/htkvn.com\/wp-content\/uploads\/2025\/03\/Copy-of-55603c63dca901f758b89-Picsart-AiImageEnhancer.png 2560w, https:\/\/htkvn.com\/wp-content\/uploads\/2025\/03\/Copy-of-55603c63dca901f758b89-Picsart-AiImageEnhancer-300x169.png 300w, https:\/\/htkvn.com\/wp-content\/uploads\/2025\/03\/Copy-of-55603c63dca901f758b89-Picsart-AiImageEnhancer-1024x576.png 1024w, https:\/\/htkvn.com\/wp-content\/uploads\/2025\/03\/Copy-of-55603c63dca901f758b89-Picsart-AiImageEnhancer-768x432.png 768w, https:\/\/htkvn.com\/wp-content\/uploads\/2025\/03\/Copy-of-55603c63dca901f758b89-Picsart-AiImageEnhancer-1536x864.png 1536w, https:\/\/htkvn.com\/wp-content\/uploads\/2025\/03\/Copy-of-55603c63dca901f758b89-Picsart-AiImageEnhancer-2048x1152.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/p>\n<hr \/>\n<h3>Ship Management: Even More Fragmented<\/h3>\n<p>In the ship management sector, the top 10 companies\u2014such as:<\/p>\n<ul>\n<li><strong>Anglo-Eastern<\/strong> (1,070 ships)<\/li>\n<li><strong>V.Group<\/strong> (923 ships)<\/li>\n<li><strong>OSM Thome<\/strong> (868 ships)<\/li>\n<li><strong>Synergy Marine Group<\/strong> (663 ships)<\/li>\n<li><strong>Fleet Management Ltd<\/strong> (660 ships)<\/li>\n<\/ul>\n<p>&#8230; collectively manage just <strong>over 6,000 vessels<\/strong>. With around <strong>50,000 commercial ships<\/strong> active globally, these top players only cover about <strong>12% of the market<\/strong>\u2014the rest are managed by <strong>thousands of small enterprises<\/strong>, many overseeing just 5\u201310 ships.<\/p>\n<hr \/>\n<h3>Ship Agency: MSMEs Are the Backbone<\/h3>\n<p>Port call data further illustrates this fragmentation. While major groups like:<\/p>\n<ul>\n<li><strong>Wilhelmsen Group<\/strong> (75,000\u2013100,000 annual port calls)<\/li>\n<li><strong>Inchcape Shipping Services<\/strong> (70,000\u201390,000)<\/li>\n<li><strong>GAC Group<\/strong> (60,000\u201380,000)<\/li>\n<li><strong>S5 Agency World<\/strong> (40,000\u201350,000)<\/li>\n<\/ul>\n<p>&#8230;handle significant volumes, the global industry sees around <strong>3\u20135 million ship calls annually<\/strong>, meaning <strong>over 85%<\/strong> are serviced by <strong>local agents and MSMEs<\/strong>.<\/p>\n<hr \/>\n<h3>Opportunity for Maritime Innovation<\/h3>\n<p>Unlike the standardized container segment, areas like dry bulk, liquid cargo, and marine support services are <strong>highly specialized<\/strong>. Each segment requires distinct systems, localized expertise, and tailored processes. This presents both <strong>challenges and opportunities<\/strong> for adaptive technologies that deliver <strong>real value<\/strong>.<\/p>\n<p>For tech entrepreneurs and investors, understanding the <strong>fragmented structure<\/strong> of the maritime industry is <strong>key<\/strong> to building <strong>practical, scalable, and impactful solutions<\/strong>.<\/p>\n<p><strong>Data sources:<\/strong> UNCTAD, ShipFinex, MarineInsight<br \/>\n<strong>Created by:<\/strong> <a href=\"https:\/\/www.linkedin.com\/in\/chye-poh-chua-bb022954?miniProfileUrn=urn%3Ali%3Afsd_profile%3AACoAAAtsfXQBuw6TDhABYyXxZMjuwnKnKzly8oM\" target=\"_blank\" rel=\"noopener\">Mr. Chye Poh Chua \u2013 <strong>CEO @ ShipsFocus Ventures<\/strong><\/a><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-2653\" src=\"https:\/\/htkvn.com\/wp-content\/uploads\/2025\/04\/2-Picsart-AiImageEnhancer.png\" alt=\"\" width=\"3840\" height=\"1720\" srcset=\"https:\/\/htkvn.com\/wp-content\/uploads\/2025\/04\/2-Picsart-AiImageEnhancer.png 3840w, https:\/\/htkvn.com\/wp-content\/uploads\/2025\/04\/2-Picsart-AiImageEnhancer-300x134.png 300w, https:\/\/htkvn.com\/wp-content\/uploads\/2025\/04\/2-Picsart-AiImageEnhancer-1024x459.png 1024w, https:\/\/htkvn.com\/wp-content\/uploads\/2025\/04\/2-Picsart-AiImageEnhancer-768x344.png 768w, https:\/\/htkvn.com\/wp-content\/uploads\/2025\/04\/2-Picsart-AiImageEnhancer-1536x688.png 1536w, https:\/\/htkvn.com\/wp-content\/uploads\/2025\/04\/2-Picsart-AiImageEnhancer-2048x917.png 2048w\" sizes=\"(max-width: 3840px) 100vw, 3840px\" \/><\/p>\n<hr \/>\n<h3>Looking for a Trusted Partner in the Maritime Industry?<\/h3>\n<p>With deep experience in both the Vietnamese and international markets, <strong>HTK<\/strong> is proud to be your reliable partner for:<\/p>\n<ul>\n<li><strong>Dry bulk shipping<\/strong><\/li>\n<li><strong>Ship management<\/strong><\/li>\n<li><strong>Marine support services<\/strong><\/li>\n<\/ul>\n<p>\ud83d\udce9 <strong><a href=\"https:\/\/htkvn.com\/en\/contact-details-operations-chartering-dept\/\"><span style=\"color: #0000ff;\">Contact our Operations Department today<\/span><\/a> for a tailored consultation!<\/strong><\/p>\n<p><em>Editor: Ng\u1ecdc Kh\u00e1nh<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many Believe the Global Shipping Industry Is Dominated by a Handful of Giants \u2013 But That\u2019s Only Part of the Picture This perception may hold true in the standardized container shipping segment, but it doesn&#8217;t fully reflect the broader landscape of the global maritime industry. Common Misconception: Big Players Always Reign Supreme!? In container shipping, the top 10 companies control around 85% of global capacity. However, beyond this segment, the rest of the maritime industry is highly fragmented, diverse, and primarily operated by micro, small, and medium-sized enterprises (MSMEs). Since there is no industry-wide standard definition of MSMEs in shipping, we can use the following general criteria: Fleet size under 50 vessels Operations focused on local or regional markets Provide specialized services (rather than global shipping chains) Lean, flexible organization\u2014often family-run or privately owned This is a crucial insight for tech startup founders, investors, and logistics professionals who aim to drive innovation in the sector. In Particular: The Dry Bulk Shipping Industry The dry bulk segment\u2014which transports commodities like coal, grain, and ore\u2014is even more fragmented. The top 10 dry bulk carriers account for less than 15% of the global dry bulk fleet. Some examples: Oldendorff Carriers GmbH &amp; Co. KG \u2013 700 vessels Pacific Basin Shipping Limited \u2013 266 vessels Ultrabulk A\/S \u2013 190 vessels (Others include: Star Bulk, Western Bulk, Navios, Fednav, etc.) In total, these top 10 companies own around 1,911 vessels, compared to tens of thousands of dry bulk ships currently in operation. Ship Management: Even More Fragmented In the ship management sector, the top 10 companies\u2014such as: Anglo-Eastern (1,070 ships) V.Group (923 ships) OSM Thome (868 ships) Synergy Marine Group (663 ships) Fleet Management Ltd (660 ships) &#8230; collectively manage just over 6,000 vessels. With around 50,000 commercial ships active globally, these top players only<\/p>\n","protected":false},"author":2,"featured_media":1960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[84],"tags":[],"class_list":["post-3867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shipping-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/posts\/3867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/comments?post=3867"}],"version-history":[{"count":5,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/posts\/3867\/revisions"}],"predecessor-version":[{"id":3873,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/posts\/3867\/revisions\/3873"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/media\/1960"}],"wp:attachment":[{"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/media?parent=3867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/categories?post=3867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/htkvn.com\/en\/wp-json\/wp\/v2\/tags?post=3867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}