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MSC could face default penalty in MCS’ FMC complaint

Container News Team - September 13, 2022 0

MSC is facing a default judgement from the US Federal Maritime Commission (FMC) in the complaint brought by US furniture maker MCS Industries, after...

News

MSC re-routes its vessels passing by Sri Lanka to protect blue whales

Container News Team - September 8, 2022 0

MSC aims to help protect blue whales and other cetaceans living and feeding in the waters off the coast of Sri Lanka by modifying...

News

MSC aims to minimise container losses through DNV’s Anti-Roll Assist system

Container News Team - September 8, 2022 0

At the SMM trade fair in Hamburg, DNV and MSC signed a contract to apply the new DNV Anti-Roll Assist and ARCS (Anti-Roll for...

Port News

Hutchison Ports and TIL to develop new 7 million TEU container terminal in Rotterdam

Antonis Karamalegkos - August 31, 2022 0

Hutchison Ports and MSC's terminal investment company, Terminal Investment Limited Sàrl (TIL) aim to develop a new box terminal at the Port of Rotterdam...

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Carriers drop India rate increase notices as export growth loses steam

Container News Team - August 19, 2022 0

Raising the prospect of market corrections, Mediterranean Shipping Co. (MSC) has recalled its trade advisories seeking new rate increases on India-US routes, ostensibly because of...

Port News

Hutchison Ports enhances Egyptian portfolio signing concessions for two box terminals

Antonis Karamalegkos - August 17, 2022 0

Hong Kong-based port operator Hutchison Ports has decided to invest further in the Egyptian container industry signing two concession agreements with the Egyptian Government...

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MSC enters hospital business with Mediclinic takeover

Container News Team - August 12, 2022 0

MSC is a member of a consortium that is expected to buy hospital chain operator Mediclinic International. The Swiss/Italian container carrier, along with South African...

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MSC announces new rail service in UK

Container News Team - July 28, 2022 0

MSC UK launched a new rail service connecting Mossend in Scotland via Hams Hall, with Felixstowe (England) and London Gateway (England). The new Mossend rail...

News

K-sure to insure funding for MSC’s LNG-fueled ships at Hyundai Samho

Container News Team - July 21, 2022 0

Korea Trade Insurance Corporation (K-sure) said on 21 July that it will provide credit insurance of over US$760 million to support the construction of...

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Major box carriers to raise peak-season levy for India-US trades

Container News Team - July 20, 2022 0

After a brief gap that has seen some signs of freight rate softening and corrections, container lines actively operating on India-US trades are looking...

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