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MSC: Fierce competition in Northern Europe

MSC Scandinavia Holding, which is based in Copenhagen and represents the Northern European activities of the world's second largest container carrier, saw a slight decline in revenue in 2013.

Photo: APM Terminals

MSC Scandinavia Holding, which is headquartered in Copenhagen and handles activities from Northern Europe and down to the Black Sea for the world's second largest container carrier, saw its revenue decline in 2013 compared to the last two years, though the company's operating result improved, according to the latest annual report from the company, which - unlike its parent company in Geneva - publishes its financial results.

MSC Scandinavia Holding represents the container activities of Mediterranean Shipping Company (MSC) in Scandinavia, the Baltic states, Russia, along with East and Central Europe.

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