Mediterranean Shipping Co.

Mediterranean Shipping Company (MSC) is the world’s second largest shipping line. The privately owned company was founded in 1970 in Geneva, Switzerland. It operates worldwide, serving 6 continents and calling at 316 ports.

As of December 2013, MSC operates 475 vessels with a combined capacity of more than 2.3 million TEUs (20-foot-equivalent units). The company employs 29,000 people.

According to Alphaliner, MSC has the largest orderbook of any container carrier, at 41 vessels with a combined capacity of more than 450,000 TEUs as of December 2013.

MSC has announced plans to join fellow major container carriers Maersk Line and CMA CGM, in the P3 Network, an alliance that will allow all three lines to deploy their largest vessels in Asia-Europe trade, while deploying smaller vessels in Trans-Pacific and Trans-Atlantic trade, subject to regulatory approval.

Stern of Maersk vessel
16 Apr 2014
Is Maersk Line, the world’s largest ocean carrier, showing that the age-old demons of container shipping — overcapacity, volatile spot rates and commoditized service — can finally be slain?
10 Apr 2014
Hapag-Lloyd plans to implement two low-water surcharges at the Port of Montreal, although some officials are questioning why, as they expect the spring thaw to begin soon.
Ocean Carrier Rate Revision Roundup for March 28
28 Mar 2014
Multiple carriers have planned rate increases in various trade lanes in April and May, although any gains achieved could be fleeting as overcapacity and lackluster global demand continues.
Ocean carrier rate revision roundup for March 21
21 Mar 2014
Several container lines have scheduled rate hikes in multiple trade lanes from April to May, although any increases achieved could be temporary...
21 Mar 2014
Maersk Line and CMA CGM are set to dominate the Asia-West Africa liner trade when they combine their direct services in April.
12 Mar 2014
Box Ships posted its 11th consecutive quarterly profit, but the Greek container shipowner skipped a dividend payment to help it survive a slumping charter market.
Port of Shanghai
12 Mar 2014
Carriers’ schedule reliability from Shanghai to Oakland, Calif., showed the greatest variation in eastbound Asia-to-Southern California route performances...
Ocean Carrier Rate Revision Roundup for Feb. 28
28 Feb 2014
Multiple container lines hope to increase rates in a variety of trade lanes from March through June, although any hikes achieved could be fleeting...
Ocean Carrier Rate Revision Roundup
18 Feb 2014
Major carriers aim to hike rates in a variety of trade lanes in March, although any increases achieved could be temporary.
Antwerp’s Duerganck dock.
12 Feb 2014
The Port of Antwerp said it will proceed with plans to expand container handling facilities for Mediterranean Shipping Co., its biggest customer, as it has not received alternative proposals.
Ocean Carrier Rate Revision Roundup for Feb. 7
10 Feb 2014
Major container lines hope to increase rates in multiple trade lanes in March, April and May, although any hikes achieved could be fleeting.
MSC Mediterranean container ship
06 Feb 2014
Shippers should expect declining container ship reliability over the near term.

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