22.1 C
Hamburg
Wednesday, June 4, 2025
Home Most Visited - Newsletter MSC drops interest in ITA Airways stake acquisition

MSC drops interest in ITA Airways stake acquisition

The largest container shipping company in the world MSC has told Italian authorities that it is no longer interested in investing in ITA Airways as part of a planned privitisation.

MSC and German airline Lufthansa had expressed interest at the beginning of the year to acquire a majority stake in ITA Airways, the successor to Alitalia. However, the discussions did not come to an agreement.

“MSC did not now see the right conditions for a deal in the current process,” said the company in a statement.

Lufthansa seems to be still interested in buying into ITA despite MSC’s decision to pull out, according to a company’s spokesperson, reports Reuters.





Antonis Karamalegkos
Managing Editor

Latest Posts

HHLA acquires majority stake in Ukrainian terminal

Hamburger Hafen und Logistik AG (HHLA) has decided to invest in a Ukrainian terminal, acquiring 60% of the shares in Eurobridge Intermodal Terminal LLC...

India vows to emerge as shipbuilding power through external partnerships

India's shipbuilding sector is experiencing a strategic transformation, driven by a convergence of geopolitical motives, national industrial goals, and ambitious maritime visions. Under Prime Minister...

Sierra Leone’s Freetown Port prepares for digital transformation

A needs assessment mission conducted in Sierra Leone from 26 to 30 May has laid the groundwork for the introduction of a Maritime Single...

APM Terminals Lázaro Cárdenas receives six new electric cranes

APM Terminals Lázaro Cárdenas has received six cutting-edge electric automated rail-mounted gantry cranes, marking a significant step forward in modernizing Mexico’s logistics infrastructure. These cranes...

Crew evacuated after fire on Zodiac car carrier

Fire broke out on a Zodiac Maritime-managed car carrier off Alaska on 3 June. All 22 crewmen on the 2006-built, 4,902 CEU Morning Midas...
error: Content is protected !!