ShippingWatch

MSC will not out-flag in relation to shipbreaking dispute

While alliance partner Maersk Line is prepared to change flags in order to dodge the EU's coming shipbreaking regulations, Italian-owned MSC opts for a different stance. Maersk Line is also not backed by its major competitor CMA CGM.

Photo: Aarhus Havn

As the EU Commission is putting the finishing touches on its work on the upcoming regulations for the scrapping of European vessels, an increasing number of major EU-based carriers are starting to issue statements about whether they plan to follow the EU regulations or will follow the Hong Kong Convention alone.

The positions taken by the large container carriers in particular are eagerly awaited by not only the European shipping sector, but just as much by global players and and the Asian shipbreaking industry.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • 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

Reefer rates to peak in fall season, followed by slow decline

Rates on refrigerated containers, or reefers, have increased by 50% in the second quarter compared to the same period in 2021, with growth set to continue in the third quarter. 2023, however, will see rates slowly declining, forecasts consultancy Drewry.

Further reading

Related articles

Latest news

See all jobs