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MSC-Blackrock agree US$22.8 billion deal for Hutchison Ports international operations

Container News Team - 0
MSC subsidiary Terminal Investment Limited (TiL) and global investment company Blackrock have made a US$22.8 billion agreement to acquire the international port and terminal...
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Russian strikes hit MSC ship in Odessa

Container News Team - 0
An MSC container vessel was damaged in a Russian missile attack on Ukraine’s Odessa port on 1 March. Ukraine’s deputy prime minister Oleksii Kuleba said...
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Services

MSC revises Asia to North America West Coast service network

Antonis Karamalegkos - 0
Swiss/Italian ocean carrier MSC has decided to proceed with announced changes to its standalone network of its East/West services. In particular, the company will move...
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MSC redirects mega ships to Med and West Africa amid North Europe trade decline

Container News Team - 0
MSC has diverted its 19,000 - 24,000 TEU vessels from the Asia-North Europe trade in response to tanking rates, and shifting these boxships to...
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Geopolitical Instability in the Red Sea: Impact on Top-5 Ocean Carriers

Container News Team - 0
The geopolitical instability triggered by the Gaza conflict and Houthi attacks in the Red Sea has significantly disrupted global shipping, with some companies navigating...
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Moroccan Ports Key to Strategic Reshaping of Mediterranean Operations

Alexandros Itimoudis - 0
Recent geopolitical shifts and escalating security concerns in the Red Sea are reshaping shipping trade routes, with significant implications for the Mediterranean region. MSC, through...
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MSC boosts rates from India and Pakistan to Europe

Container News Team - 0
MSC, the world's largest ocean carrier, has published updated freight rates for shipments from India and Pakistan to European ports. The following rates will be...
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Port News

MSC enters Moroccan container terminal market through Marsa Maroc deal

Antonis Karamalegkos - 0
Swiss/Italian container shipping giant MSC has decided to invest in the Moroccan container terminal at Nador West Med port. In particular, Morocco-based port operator Marsa...
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MSC applies new freight rates from Far East to Mediterranean

Ioanna Kontos - 0
MSC has announced new freight rates from all Far East ports, including but not limited to ports in Japan, Korea, and Southeast Asia, to...
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MSC to acquire 49% stake in Boluda Towage

Antonis Karamalegkos - 0
The saga of MSC increasing its stake in Boluda Towage, the tug division of Boluda Corporación Marítima, continues. According to the latest reports, the Swiss-Italian...
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Port of Long Beach appoints new managing director of engineering services

Port News Alexandros Itimoudis - 0
The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...
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DP World and J.P. Morgan launch partnership

News Alexandros Itimoudis - 0
DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...
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Red Sea shipping traffic rebounds as Houthis limit targets

News Alexandros Itimoudis - 0
Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...
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CMA CGM applies new surcharge from Far East to West Africa

Rates & Surcharges Container News Team - 0
French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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