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MSC continues secondhand boxship buying spree with $15m Lomar deal

Swiss-headquartered containerline Mediterranean Shipping Company (MSC) continues to hoover up secondhand boxships at pace. See the original story Splash247. Source: Splash247 (JK)

by Splash247

Valencia breaks new container move record with MSC Gulsun call

“Valenciaport has broken a new container movement record from a single ship in a single stop during the visit of the MSC Gulsun.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

Maersk and MSC take part in IMO JIT trials

“Both Maersk and MSC have been involved in the International Maritime Organization (IMO)’s latest ju...

by Container News

MSC UPDATES ITS ASIA-OCEANIA NETWORK

The following release was published by Mediterranean Shipping Company (MSC):

To respond to the st...

by MSC

MSC buys more second-hand ships and may be eyeing Seaspan newbuilds

“The world’s largest non-operating containership owner, Seaspan Corporation, has ordered five newbuild 12,200 teu vessels, backed by 18-year charters with a major ocean carrier.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

MSC ENHANCES CONNECTION BETWEEN ASIA AND PACIFIC WEST COAST

The following release was published by Mediterranean Shipping Company (MSC):

In order to respond...

by Mediterranean Shipping Company

Maersk and MSC drop Felixstowe from transatlantic service and head for Liverpool

“2M partners Maersk and MSC are swapping Felixstowe for Liverpool on their TA2/NEUATL2 transatlantic loop from the end of the year, in order to “provide stability to the service”.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

ONE Apus losses similar to MSC Zoe accident

“Container shipping experts have said that there are similarities to the massive losses suffered by...

by Container News

SM Line refuses charter offers to support South Korean shippers

“South Korean liner operator SM Line revealed it had rejected offers from mainline operators to char...

by Container News

MSC cargo lost in Maersk boxship stack collapse incident

“At least 27 containers have been lost and 90 have been damaged from the 2011-built Maersk vessel, S...

by Container News

Soren Toft announces his arrival at MSC

“After announcing his departure from AP Moeller – Maersk a year ago former Maersk chief operating of...

by Container News

MSC ‘returns to its roots’ with $260m spend on second-hand vessels

“Geneva-headquartered shipping line MSC is “going back to its roots” with its recent purchase of 16 second-hand box ships, according to Alphaliner.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

Port of Gdansk tonnage set to exceed 48 million tonnes in 2020

“The Port of Gdansk expects to handle more than 48 million tonnes of cargo in 2020, this despite the disruption to global trade caused by the coronavirus crisis.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

European lines add Busan ‘extra loaders’ on the Pacific

“By year-end, the world’s three largest liner operators, Maersk Line, MSC and CMA CGM will deploy a...

by Container News

Surge in charter rates is driving SnP market

“Hardening charter rates are pushing second-hand asset values upwards as carriers look to acquire suitable tonnage before the prices peak.” See the original story at Container News. Source: Container News

by Container News

European carriers introduce new Asia charges

“European shipping lines have published new prices and surcharges in Asia, after their latest announcements, increasing various charges until the end of the year.” See the original story at Container News. Source: Container News (JK)

by Container News

MSC ENHANCES CONNECTIONS BETWEEN JAPAN, KOREA AND RUSSIA WITH ITS NEW SUNRISE SERVICE

The following release was published by Mediterranean Shipping Company (MSC):

As part of our ongoi...

by MSC

MSC tipped to overtake Maersk at the top of the liner rankings

Maersk, the world’s largest containerline for the past quarter century, could soon lose its top spot on the global liner rankings list to its alliance partner, MSC. See the original story at Splash247. Source: Splash247 (JK)

by Splash247

MSC chooses 8×8 to transform its global communications

“MSC Mediterranean Shipping Company has selected 8×8 to transform its global communications, collabo...

by Port Technology

Ongoing disruption at UK ports prompts MSC surcharges

“MSC has announced that due to the ongoing congestion at UK ports the carrier will introduce congestion charges for all import containers ranging from US$50-175/TEU.” See the original story at Container News. Source: Container News (JK)

by Container News

Ports in Guinea and Spain hit by congestion surcharges

“Due to the operating impact of congestion in the Port of Bilbao in Spain, the Mediterranean Shippin...

by Container News

Danaos a big winner as box ship charter rates hit ‘phenomenal’ levels

“With freight rates soaring, ocean carriers are prepared to pay more than double previous daily hire rates for chartered ships to secure tonnage and grab market share.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

More lines implement Auckland congestion surcharges

“Maersk Line and CMA CGM will apply a port congestion surcharge in the Port of Auckland due to heavy...

by Container News

MSC announces Far East surcharges in November

“MSC will implement an equipment imbalance surcharge (EBS) for the reefer cargo moving from Europe to Middle East Gulf and Far East.” See the original story at Container News. Source: Container News (JK)

by Container News

Major lines push up Europe and Med prices

“CMA CGM and Hapag-Lloyd have announced increases in their Europe and Mediterranean charges due to be implemented in November and December.” See the original story at Container News. Source: Container News (JK)

by Container News

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.” See the original story at Container News. Source: Container News (JK)

by Container News

Colombo’s East Container Terminal begins operations

“East Container Terminal (ECT), the second deep-water facility at the Port of Colombo, has begun ope...

by Container Management

Auckland congestion prompts MSC surcharges

“Delays of 10-13 days are being reported for ships to berth at the Port of Auckland, according to Me...

by Container News

Malta Freeport Terminals joins TradeLens

“Malta Freeport Terminals has joined TradeLens, the blockchain-based supply chain platform developed by A.P. Moller-Maersk (Maersk) and IBM.” See the Port Technology. Source: Port Technology (JK)

by Port Technology

Lines accused of cartel as container freight rates from India soar

“Shipping lines have increased freight rates by 50 – 60% since March for almost all trade lanes ex-India fueling accusations of a cartel from shippers.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

by Seatrade Maritime News

Just In Time for Montreal

“Striking dockers and cargo diverted to other ports. It has been a tough July and August for the Por...

by Port Strategy

NPA Approves Offdock Terminal To Decongest Apapa, Tin-Can Ports

“There seems to be a solution to the congestion of Apapa and Tin-Can Island ports as a private offdo...

by Leadership

MSC UPGRADES ITS INTRA-ASIA GOLDEN HORN SERVICE

The following release was published by Mediterranean Shipping Company (MSC) :

MSC is pleased to a...

by MSC

CMA CGM and MSC complete TradeLens integration

“CMA CGM and MSC Mediterranean Shipping Company (MSC) have fully integrated onto TradeLens, the bloc...

by Port Technology

Historic First Cargo from UAE Arrives in Israel on MSC Containership

“The containership MSC Paris arrived in the port of Haifa in Israel carrying the first-ever cargo tr...

by The Maritime Executive

Hydrogen, biofuels touted as future fuel mix: MSC

“Hydrogen and biofuels are forecast to become key components of container shipping’s future fuel mix...

by Seatrade Maritime News

‘Sophisticated’ cyber attack takes IMO offline

“The International Maritime Organization (IMO) is fighting a cyber attack, the second high-profile m...

by JOC

2M extends blanked trans-Atlantic service until year-end

“2M Alliance partners Maersk and Mediterranean Shipping Co. have extended the suspension of one of t...

by JOC

Update on Transpacific West Coast peak season for North American customers

The following release was published by A.P Moller-Maersk:

We continue to see strong demand and vo...

by A.P Moller-Maersk

Asia-US spot rates pushed to new highs, despite warnings from China and FMC

“Container spot rates from Asia to the US, including space guarantees and equipment priority fees, have topped $4,000 per 40ft to the US west coast and $5,000 to the east coast.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

With the charter market still booming, carriers chase ‘any box ship still floating’

“Ocean carriers flush with cash after an estimated cumulative $1.8bn Q2 net profit and with even bet...

by The Loadstar

MSC ENHANCES INDIAN SUBCONTINENT & U.S. EAST COAST CONNECTIONS WITH TWO SERVICES

The following release was published by Mediterranean Shipping Company (MSC):

The following announ...

by MSC

Australian shippers angered by congestion surcharges amid delays, diversions

“Australian shippers are outraged after CMA CGM, ANL, and Mediterranean Shipping Co. announced plans...

by JOC

MSC mega-ship takes down crane in Valencia crash

“A gantry crane has collapsed at the Port of Valencia after being struck by the MSC Mia, one of the largest container ships in the world.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

MSC seals deal to take 49% stake in Messina

MSC has acquired a 49% stake in the Ignazio Mesina & C. shipping group, with the deal formally announced by Banca Carige and the NPL management company Amco. See the original story at Splash247. Source: Splash247 (JK)

by Splash247

China set to step in and hold down box line rates, with ocean freight ‘a global mess’

“Chinese authorities are set to interfere in both pricing and capacity management on the transpacific, as rates soared to record highs again this week.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

MSC to accelerate e-B/L roll-out in India after successful pilot

“Mediterranean Shipping Company (MSC) has announced it will accelerate efforts to promote an electro...

by Port Technology

Valencia breaks container movement record with MSC mega-ship call

“The Port of Valencia has announced it broke its record for containers moved in a single visit during the call of the MSC Sixin between the 27 and 30 August 2020.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology