ShippingWatch

MSC gets surprisingly good result in Northern Europe

MSC Scandinavia, which covers important areas such as Russia, Scandinavia and Eastern Europe, has published a surprisingly good 2017 result. The company is the only one of Maersk Line's alliance partners, MSC, to publish reports.

Photo: MSC

MSC Scandinavia, led by former Maersk executive Lars Funding, has presented its annual report for 2017, which the carrier calls highly satisfactory.

The company, which is the only part of Maersk Line's Italian alliance partner, MSC, that publishes report figures, recorded a DKK 36 million (USD 5.7 million) profit after tax last year compared to DKK 26 million (USD 4 million) in 2016. Revenue has also grown significantly.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Alphaliner: HMM set to go private in 2022

The South Korean state is reportedly prepared to divest container line HMM after having rescued the company from bankruptcy in 2016. According to Alphaliner, South Korea's central administration has confirmed a plan to privatize the carrier in 2022.

400 people risk being laid off at Seadrill

Once the contracts for two of Seadrill's drilling rigs expire, around 400 of the company's 1,050 employees are at risk of losing their jobs, reports media. Labor union expects the carrier to announce dismissals prior to Christmas.

Further reading

Related articles

Latest news

See all jobs