9.4 C
Hamburg
Sunday, May 18, 2025
Home Most Visited - Newsletter MSC adds second-hand tonnage to its fleet

MSC adds second-hand tonnage to its fleet

The Mediterranean Shipping Company (MSC) has been busy in the second-hand vessel market adding six container ships to its fleet, according to shipbroking reports.

The Swiss-based carrier, already the second largest shipping company in the world, has bought the vessels from German owner Zeaborn, according to Greece-based shipbroker, Allied. Its weekly market report says that MSC has acquired the 8,200TEU ER Tianping, ER Tianshan, ER Tokyo and ER Texas along with the 7,900TEU ER Vancouver and ER Yokohama.

The first four boxships were built by Hyundai Samho and were sold for US$28.5 million each, while the other two were built in the Hyundai Heavy Industries shipyard and were sold for US$22 million each, said the report.

Additionally, the UK-based shipbroker, Braemar, noted that MSC, which has the 16% of the world’s container ship fleet, has also acquired the 5,600TEU vessel Greenwich Bridge built by Hyundai Heavy Industries for US$14 million.

The Geneva-headquartered box line has narrowed the gap to the largest container shipping company in the world, Maersk Line, to approximately 250,000TEU, according to Alphaliner. In particular, MSC’s total capacity now stands at more than 3.8 million TEU, which translates to 800,000TEU+ larger than the total capacity of Chinese COSCO, the third largest shipping company.

Antonis Karamalegkos
Editor





Antonis Karamalegkos
Managing Editor

Latest Posts

Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
error: Content is protected !!