But worst-case scenario implies greater downside....
Maersk Competitors or Alternatives
Maersk's top competitors include MSC, COSCO International and Hapag-Lloyd.
Maersk VS MSC
MSC CEO Soren Toft has an approval rating of 68 out of 100 compared to Maersk CEO Vincent Clerc’s approval rating of 69 out of 100. Clerc’s approval rating is slightly more than the approval rating of Soren Toft. With an employee count of 150,000 people, MSC employs more people than Maersk which has an employee count of 85,375. MSC generates less total annual revenue than Maersk. MSC’s annual revenue is $26B while Maersk generates a total annual revenue of $81.5B. Maersk has a total of 11 subsidiaries with its latest acquisition of Martin Bencher Group occurring in Aug 2022. This number is in comparison to MSC which has 4 subsidiaries as of Apr 2023. Soren Toft joined MSC as CEO in Dec 2020.
Maersk VS COSCO International
COSCO CEO Ye Weilong has an approval rating of 68 out of 100 compared to Maersk CEO Vincent Clerc’s approval rating of 69 out of 100. Weilong’s approval rating is slightly less than the approval rating of Vincent Clerc. With an employee count of 870 people, COSCO is greatly outnumbered by Maersk which has an employee count of 85,375. COSCO generates less total annual revenue than Maersk. COSCO’s annual revenue is $1.1B while Maersk generates a total annual revenue of $81.5B. Maersk has a total of 11 subsidiaries with its latest acquisition of Martin Bencher Group occurring in Aug 2022. This number is in comparison to COSCO which has 2 subsidiaries as of Apr 2023. The latest leadership news announced from COSCO was Zhu Jiandong joining the company in 2019 as President.
Maersk VS Hapag-Lloyd
Hapag-Lloyd CEO Rolf Habben Jansen has an approval rating of 66 out of 100 compared to Maersk CEO Vincent Clerc’s approval rating of 69 out of 100. Jansen’s approval rating is slightly less than the approval rating of Vincent Clerc. With an employee count of 14,200 people, Hapag-Lloyd is greatly outnumbered by Maersk which has an employee count of 85,375. Hapag-Lloyd generates less total annual revenue than Maersk. Hapag-Lloyd’s annual revenue is $36.9B while Maersk generates a total annual revenue of $81.5B. Maersk has a total of 11 subsidiaries with its latest acquisition of Martin Bencher Group occurring in Aug 2022. This number is in comparison to Hapag-Lloyd which has 6 subsidiaries as of Apr 2023. The latest leadership news announced from Hapag-Lloyd was Nicolás Burr departing his role as Chief Financial Officer in 2020.
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Frequently Asked Questions about Maersk
Who are Maersk's top competitors?
Maersk's top 3 competitors are MSC, COSCO International , Hapag-Lloyd.Who is similar to Maersk?
MSC is the most similar to Maersk. COSCO International and Hapag-Lloyd are also similar to Maersk.
Are Maersk and MSC competitors?
Yes, MSC is one of Maersk’s top competitors.