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. 

16 Sep 2019
Container carriers in the slowing US import and export trades are exercising increased discipline, maintaining capacity levels rather than introducing new vessels in an attempt to secure a larger share of the market.
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.