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MSC tops in ship recycling and purchases

Mediterranean Shipping Company (MSC) is leading the way both in ship demolitions and ship purchases. Cash buyers said that MSC has scrapped 15 vessels so...

MSC announces new direct call at Pisco Port

Swiss/Italian box carrier MSC announced a new direct port call at Pisco Port (PEPIO) in Peru on its NWC-US-SAWC service. Pisco Port is located in...

Leak reveals Aponte is one of world’s richest men

A massive revenue surge amounting to sky-high profits aligned with a tonnage tax that effectively saw negligible taxes levied on shipping lines has pushed...

Decarbonisation journey pushes boxship orderbook to new high

The container ship orderbook marches towards record highs constantly, as liner operators and tonnage providers keep targeting a reduced carbon footprint with vessels powered...

Israel-Hamas war: Impact on shipping and port operations, potential risks

The conflict in Israel after attacks by Islamist group Hamas on towns close to Gaza has caused great concerns in the global community, while...

MSC Air Cargo completes its first direct flight from Italy to Japan

The first flight operated by MSC Air Cargo, the MSC Group's air cargo division, has departed from Italy's Malpensa Airport. In particular, the Boeing 777-200...

MSC tops schedule reliability rankings in August

Danish maritime data analysis firm Sea-Intelligence has released a report about schedule reliability data of container carriers for January - August 2023. In August 2023,...

Eurogate, TiL expand MSC Gate JV agreement until 2048

European container terminal operator Eurogate and Terminal Investment Limited (TiL), the terminal operating arm of MSC, have extended the contract signed in May 2004...

MSC buys stake in Italian high-speed rail operator

MSC has entered into a binding agreement to acquire a stake of approximately 50% in Italo - Nuovo Trasporto Viaggiatori S.p.A (Italo) from Global...

FMC dismisses complaint about MSC’s congestion surcharge

The US Federal Maritime Commission (FMC) has dismissed a shipper’s complaint that a US$1,000 congestion surcharge imposed by Mediterranean Shipping Company (MSC) was an...
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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...
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