Login
MSC Philadelphia Express philly USA havn container
Photo: Port of Philadelphia

Media: MSC ready to order 11 mega-vessels

Container:

Italian MSC is, according to Tradewind's information, ready to place an order for 11 container ships of 22,000 teu each worth a total USD 1.5 billion. This is shortly after competitor CMA CGM according to sources also ordered new mega-vessels.


BY LOUISE VOGDRUP-SCHMIDT
Published 25.08.17 at 08:40

Log in to read articles

Some of our content is exclusively for subscribers.

Try ShippingWatch free for 14 days

Get 14 days free trial access

Sign up for ShippingWatch newsletter
Most read Container

MSC confirms order for 11 ultra-large vessels

oscar_algeciras_01.jpg Container:

MSC has ordered 11 ultra-large container vessels to be built at South Korea's DSME shipyard, a spokesman confirms to ShippingWatch.

Saadé: Container stronger than it has been for years

Container:

The chief executive of France's CMA CGM, Rodolphe Saadé, sees no crises in the years to come for container carriers, which are currently benefiting from consolidation and stronger economic growth.

Royal Arctic Line after costly half-year: Sorry about the mess

Container:

The Greenlandic-owned carrier, which these years is going through a comprehensive overhaul, booked a DKK 41.5 million operating deficit in the first half of the year.

No Plan B for Maersk Line if Hamburg Süd acquisition fails

Container:

There are no other interesting acquisition candidates for Maersk Line if the Hamburg Süd purchase fails, says Lars Jensen, CEO of Seaintelligence Consulting. Instead, the carrier will have to do what it should have done a long time ago, he tells ShippingWatch.

CMA CGM beats all rivals on earnings

Container:

Carriers such as Maersk Line, Hapag-Lloyd and Cosco have distanced themselves from France's CMA CGM, which in the second quarter stood out as the best-selling container shipping company in the top 20.

Dockworkers block automation of vehicles in West Coast ports

Container:

The powerful US dockworker union ILWU has succeeded in slowing the development towards automation in Los Angeles and Long Beach. A new law holds that environmentally-friendly vehicles in the ports must not be fully automated or remote controlled in order to secure subsidies.

Current front page

MSC confirms order for 11 ultra-large vessels

oscar_algeciras_01.jpg Container:

MSC has ordered 11 ultra-large container vessels to be built at South Korea's DSME shipyard, a spokesman confirms to ShippingWatch.

OW Bunker estate has lost bunker price case

Services:

The OW Bunker estate has lost a bunker price contract case at the district court in Aalborg, Denmark, against three international shipping companies.

Seadrill bondholders said to fight debt plan

Offshore:

Some Seadrill bondholders have allegedly hired firm Stroock & Stroock & Lavan LLP as legal counsel to fight the restructuring plan announced last week.

Maersk bags potentially huge contract with the US Navy

Carriers:

Maersk Line has won a contract with the US Navy that could potentially total more than USD 190 million. With the contract, Maersk will operate seven vessels to transport military vehicles.

Major Nordic banks scrutinize hazardous scrapping practices

Services:

Nordic bank Nordea is currently reviewing guidelines for shipping customers regarding hazardous vessel scrapping. Danske Bank is also evaluating the issue of carriers' scrapping in Asia, the banks tell ShippingWatch.

John Fredriksen tops list of Norway's wealthiest people

Offshore:

John Fredriksen, who actually holds a Cypriot passport, has been listed as Norway's richest person by business magazine Kapital for the 15th consecutive year. Another shipping profile is ranked a bit further down the list.

ADVERTISEMENT
ADVERTISEMENT

Vacancies

ADVERTISEMENT