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MSC increases own-operated service share ahead of 2M termination

The 2M Alliance, which currently includes the top two shipping lines MSC and Maersk, is scheduled to conclude in February 2025. Following this, Maersk...

Houthi attacks target MSC boxships and tankers

Houthi rebels have allegedly assaulted another of MSC vessels. On 14 July, the 1999-built 5,652 TEU MSC Unific VI was apparently hit with anti-ship...

MSC’s MEDLOG breaks ground on new cold storage facility in Georgia

MEDLOG, the logistics division of MSC, has officially commenced construction on a new 27,034 m², state-of-the-art cold storage facility in Savannah, Georgia. MSC said this...

Pause in Transpacific rate surge

Transpacific freight rates have corrected after rising for more than three months, as capacity additions have begun making an impact. When the Shanghai Containerised Freight...

MSC’s market share now at 20% as fleet nears 6 million TEUs

MSC now has a market share of 20%, as its aggressive newbuilding drive and ship purchases placed the largest liner operator’s fleet at just...

MSC announces East-West service network adjustments

Swiss/Italian container line MSC will adjust its new standalone services, Swan and Britannia aiming to enhance its network. Swan service will become Swan-Sentosa to provide...

MSC implements Oceania peak season surcharges

MSC has announced a Peak Season Surcharge (PSS) effective 1 July 2024, due to robust demand in the Oceania region. The surcharge will apply to...

MSC to acquire minority stake in Genoa airport

Aeroporti di Roma (ADR), a Genoa airport operator, received a binding purchase proposal from Swiss/Italian shipping company MSC Group for its minority stake, equal to...

Houthi fires new “long-range” missile at another MSC boxship

The Houthis targeted another container vessel of Mediterranean Shipping Company (MSC) on 24 June. Houthi spokesperson Saree Yahya said on the Iran-backed rebel group’s television...

MSC Vietnam’s Project Cargo team sets new record

MSC Vietnam’s Project Cargo team has achieved another milestone by successfully securing and loading a disassembled lifting frame with parts of various dimensions in...
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NYK buys segments of ENEOS Ocean’s shipping business

NYK will acquire 80% of the shares of a new company to be established by ENEOS Ocean Corporation, a consolidated subsidiary of ENEOS Holdings,...

NWSA reports higher container volumes in 2024

The Northwest Seaport Alliance (NWSA), a partnership between the ports of Seattle and Tacoma, handled 321,432 TEUs in June, representing a significant growth of...

Port of Rotterdam nears 7 million TEUs in first half

In the first half of the year, Port of Rotterdam's container throughput increased by 4.2% in tonnes to 67.1 million tonnes and by 2.2%...

Port of Los Angeles achieves another monthly container gain

Port of Los Angeles processed 827,757 TEUs in June, translating to a 10% increase over the previous month and less than 1% compared to...