Mediterranean Shipping Co.

Mediterranean Shipping Co.

Privately owned Mediterranean Shipping Co. (MSC), the world’s second-largest shipping line, was founded in 1970. MSC currently operates more than 500 vessels, annually carrying some 20 million TEUs of cargo on some 200 routes to about 500 ports of call. It employs nearly 50,000 people in nearly 500 offices worldwide.

Over the first nine months of 2018, MSC was the third-ranked container carrier, with respect to total U.S containerized import trade, with volume of 2,175,000 TEUs, up 3.1 percent year-over-year, for a market share of 12.1 percent. Over the same period, MSC ranked second in terms of U.S containerized export trade, with volume of 1,250,000 TEUs, up 4 percent, year-over-year, for a market share of 13.1 percent. 

13 Apr 2020
The world's second biggest container line was slowing resolving a four-day server outage at its Geneva headquarters, a disruption that has affected online processes but not the flow of its customers cargo.
12 Nov 2018
Sponsored: The development of smart containers will shape the future of the container shipping industry, said MSC's Maurizio Aponte, who discussed data standardization, partnering with platform providers, and the mechanics of smart container operations.
06 Nov 2018
A report on the status of instant quotes in container shipping.
A ZIM ship.
05 Nov 2018
Top 40 US import/export carriers: the strong US import volumes, particularly from Asia, have benefitted container lines, with year-over-year gains rising steadily since April on tariff fears. Zim and Pacific International Lines recorded the largest US import percentage gains.
Mediterranean Shipping Co.
15 Oct 2018
The Geneva-based carrier said it will roll out the “smart” containers in the coming months, enabling users to follow the movement of containers in real time through the Internet of Things.
Antwerp port.
05 Sep 2018
The capacity cutback is another data point that provides pause for thought regarding the argument that a second-half demand/capacity balance would support a recent upswing in container shipping rates.
03 Sep 2018
The hub port of Felixstowe continues to face carrier fallout from delays experienced since Hutchison Port upgraded its terminal operating system in June.
Port of New York and New Jersey container ship.
27 Jul 2018
Although trade tensions between the United States and the European Union and their impact have been muted so far in 2018, trade stakeholders know that could change dramatically and quickly.
A container ship at sea.
09 Jul 2018
Ocean carriers want to avoid being caught up in secondary sanctions that will be imposed by the United States on companies dealing with Iran.
An MSC ship.
22 Jun 2018
Several factors, including mega-ships deployed, North Asia congestion, rising bunker fuel prices, and the impact of Trump administration tariffs, are compromising schedule integrity in the trans-Pacific.
A container ship at sea.
13 Jun 2018
In a strongly worded letter, Nik Delmeire, secretary general of the European Shippers Council (ESC), said container lines announced almost simultaneously that they would be applying a surcharge, which the ESC viewed as “tantamount to price signaling..."
An MSC ship.
11 Jun 2018
The increase in the price of bunker fuel, driven by crude oil’s 2017 to 2018 surge, is real. But beyond that ocean carriers face a tough sell with shippers regarding the inclusion of other surcharges, given spare capacity and a continued competitive market for shipper business.
Mediterranean Shipping Co.
07 Jun 2018
Shippers using the BoxTech database to track container weight and other information will get greater reach through the database, which now contains information on 40 percent of the world’s containers after Mediterranean Shipping Co. added its information.
Maersk and MSC vessels pass each other outside the Port of Rotterdam.
25 May 2018
With such a sharp increase in bunker fuel prices that dragged carriers into a loss-making first quarter, it is no surprise that Maersk and Mediterranean Shipping Co. will levy an emergency bunker surcharge from June 1.
Port of Oakland.
09 Apr 2018
The Top 5 container lines serving the United States slightly increased their combined share of imports in 2017, but dominance of their exports receded.
29 Jan 2018
A new schedule outlined by Mediterranean Shipping Co. will substantially cut the time needed to send cargo from Europe to the US East Coast.
MSC.
24 Jan 2018
The first sailing of MSC’s fortnightly roll-on, roll-off West Africa service will begin Feb. 19 from Le Havre.
09 Nov 2017
The deal would complement MSC’s ZAO Container Terminal in Russia’s busiest port of St. Petersburg.
07 Nov 2017
The move by MSC and CMA CGM to order 20 new 22,000 TEU ships between them will not be followed by Maersk Line that says it has enough capacity "for now."
29 Sep 2017
Sponsored: MSC's Dimitri Ruggiero, vice president of global accounts, on the top concerns of Mediterranean Shipping Company's customers following 2016-2017 market turmoil including the "Hanjin effect." He discusses the importance of a balance of business stability and diversity, and speculation on larger-ship orders. 
26 Sep 2017
MSC, which has been steadily upsizing its tonnage in India trades with larger vessels, has introduced a weekly call at NSIGT via its new service connecting to Asia, the Middle East, and Africa.
21 Sep 2017
In the past five days, 20 ships of 22,000 TEU have been ordered by two carriers.
30 Aug 2017
Houston and several other Texas and Louisiana ports hope to restart operations by Labor Day.
23 Aug 2017
The service, which will run until February, began last week.
18 Aug 2017
As of Aug. 16, Port Everglades has replaced Miami on the TA1/NEUATL1.
17 Aug 2017
Port of Los Angeles and GE Transportation will expand their pilot program across the entire port to establish a single electronic platform through which port users can share shipment information in a secure environment.
23 Jun 2017
Portonave is the second-largest container terminal in Brazil.
13 Jun 2017
Rickmers Group filed for insolvency last week.
05 Apr 2017
Authorities are planning to investigate the cause of a fire that broke out in the bow of a 13,800 twenty-foot e
28 Mar 2017
Although the 2M Alliance will launch April 1, the HMM agreement will go into effect as soon as March 30.
23 Mar 2017
The Department of Justice declined to say why CEOs of major carriers were served subpoenas March 15 at the biannual Box Club meeting in San Francisco.
14 Mar 2017
“Maersk Line has no plans to implement a trust fund to further safeguard cargo.”
23 Feb 2017
It’s the first of what the small East Coast port hopes will be two new services coming to the gateway as ocean carriers and their alliances sort out port coverage this year.
13 Feb 2017
Maersk Line and MSC have expanded their Asia-North Europe and trans-Pacific services to accommodate the volumes from a slot deal signed with HMM and Hamburg Süd.
10 Feb 2017
In an exclusive interview, MSC CEO Diego Aponte says spring may finally be in the air for container carriers.
01 Feb 2017
The deal includes all of Hanjin’s equity interests and shareholder loans in Total Terminals International.