Mediterranean Shipping Company News

26 Feb 2019

Hapag-Lloyd: U.S. Probe Ends with no Obligations

file Image / CREDIT Hapag-Lloyd

Germany's Hapag-Lloyd is cleared of a U.S. Department of Justice probe into the practices of container shipping companies, with no charges brought, a spokesman said on Tuesday."Hapag-Lloyd was informed that the U.S. Department of Justice, Antitrust Division is closing its investigation without charges against the company, its affiliates or any other current or former employees," he said.This followed similar statements by bigger rivals Maersk and Mediterranean Shipping Company…

14 Feb 2019

ICTSI Expands Batumi Container Terminal

During the ribbon cutting ceremony marking the formal inauguration of BICT’s multifaceted expansion program. Photo: ICTSI

Philippines-based port operator International Container Terminal Services, Inc. (ICTSI) has inaugurated the newly-expanded Batumi International Container Terminal (BICT) in Georgia.The expansion encompasses both the waterside and landside areas of the multipurpose terminal, intended to optimize the processing of existing cargo flows and install additional capacity to accommodate new business.Marking the importance of the occasion, the inauguration was attended by Giorgi Kobulia…

28 Jan 2019

MSC Secures Scrubber Loan For 86 Vessels

Image: MSC

Container shipping giant Mediterranean Shipping Company (MSC) has secured a USD 439 million financing to fit 86 exhaust gas cleaning system (EGCS) or scrubbers  to its fleet.BNP Paribas (BNPP) was the co-ordinating bank and agent on the agreement, together with a syndicate of four other banks as lenders, said the law company Watson Farley & Williams (WFW).The SINOSURE-backed loan would be used to finance the manufacturing and installation of the scrubbers on board 86 container ships owned by the MSC group in light of the implementation of the International Maritime Organisation’s low sulphur c

09 Jan 2019

MSC: Clean-up Ops Continue in North Sea

Pic: MSC

Switzerland-based MSC Mediterranean Shipping Company confirms that significant progress has been made in an unprecedented clean-up operation in the North Sea and on the beaches of the Netherlands and Germany."We would like to thank the authorities and volunteers in these countries for their support in the response," said a press note from the world's second-largest shipping line in terms of container vessel capacity.More than 250 containers fell from the ship “MSC Zoe” during…

06 Jan 2019

MSC Pledges to Find All Containers Lost in North Sea

MSC Zoe. Photo: MSC Mediterranean Shipping Company

Switzerland-based shipping company MSC is pledging to pay the cost of cleaning up hundreds of containers MSC Zoe spill in a North Sea storm."MSC Mediterranean Shipping Company would like to reassure authorities and members of the public in the Netherlands and Germany that the company will pay the full costs of the clean-up of the 2 January MSC Zoe container spill," said a press release from the company.MSC is committed to continue searching the sea for the containers which fell overboard, until the last one is found, it said.

04 Jan 2019

MSC Intensifies North Sea Clean-up

MSC Zoe. Photo: MSC Mediterranean Shipping Company

Switzerland-based global container shipping and a company MSC Mediterranean Shipping Company said that it is directly taking over more of the clean-up of German and Dutch waters and beaches, following the recent container spill from the cargo ship MSC Zoe.The world's second-largest shipping line in terms of container vessel capacity said in a press release that in close collaboration with local authorities, it is now working with a number of salvage companies to add momentum to the quick response started on 2 January.In some locations…

03 Jan 2019

Chemicals Found on Dutch Beach after Container Spill

(Photo: Coast Guard Netherlands)

A load of dangerous chemicals that fell off one of the world's largest container ships into the North Sea washed up on a Dutch beach on Thursday, and more debris was expected to land overnight, officials said.The Dutch Defence Ministry said the loss of 270 containers from the freighter MSC Zoe on Wednesday, some of them thought to contain hazardous chemicals, was one of the biggest incidents of its kind, they said.It was unclear how many of the containers sank to the sea bottom…

02 Jan 2019

MSC Zoe Begins Clean-up Ops

Pic: MSC

MSC Mediterranean Shipping Company has started a clean-up operation in response to a substantial spill of containers in the North Sea.The Panama-registered MSC Zoe shed 270 containers containing mostly toys, furniture and auto spare parts while battling a storm off the Frisian Islands, an archipelago off the northwestern Dutch coast also known as the Wadden Islands."The cargo ship MSC Zoe encountered heavy weather while sailing toward Bremerhaven, Germany, on 2 January. Unfortunately…

14 Dec 2018

Port of Valencia Pilots IoT with MSC and Traxens

Image: MSC Mediterranean Shipping Company

French start-up Traxens and  MSC Mediterranean Shipping Company is cooperating with its partner in a pilot project in Valencia to use an Internet-of-Things (IoT) network to improve the operational efficiency of the port.MSC is already working with Traxens, which provides data and services for the supply chain industry, on smart container solutions using IoT for customers around the world. The use of such real-time tracking technologies brings unprecedented visibility of cargo flow from door-to-door…

07 Dec 2018

California: MSC Pays $630K for Air Quality Violations

Image: MSC

Swiss container shipping company Mediterranean Shipping Company (MSC) paid $630,625 in penalties to the California Air Resources Board (CARB) for violating the Ocean-Going Vessel At-Berth Regulation.According to CARB, the violations were discovered during a routine audit of the company’s 2014 visits to the Port of Oakland and the twin ports of Los Angeles and Long Beach.The investigation by CARB revealed more than 2500 violations for both the Oakland and LA/LB fleets for failing…

19 Nov 2018

MSC Annouces Container Train between Trieste and Giengen

Pic: MSC Mediterranean Shipping Company S.A.

Global container shipping lines MSC Mediterranean Shipping Company (MSC) has announced the launch of a new dedicated train set-up between Giengen (a.d. Brenz) and Trieste, starting mid of November 2018.This stand-alone solution finally offers an A-B connection between metropolitan area of Ulm and the Adriatic, as the fastest gateway to/from Asia and the Mediterranean.The terminal in Giengen is operated by the leading European home appliance manufacturer BSH Hausgeräte GmbH. BSH…

28 Oct 2018

Mombasa Port Receives Largest Container Vessel

Pic: Kenya Ports Authority

Port of Mombasa of Kenya Ports Authority (KPA) pilots has received Mediterranean Shipping Company (MSC) container vessel MSC Maxine  master one of largest container vessel to dock at the facility.The port has registered a new performance record of 1450 moves within an eight-hour shift in the container operations, said a press release."The record was set by MSC Maxine in her maiden call at the Port of Mombasa on Wednesday beating the previous record of container carrier Livorno of 1265 moves registered late June this year…

21 Oct 2018

Abu Dhabi Ports, MSC Join with Silsal for Blockchain Solution

Pic: Abu Dhabi Ports

Abu Dhabi Ports subsidiary Maqta Gateway said that it is to carry out its first testing of international blockchain solution Silsal with a maritime operator in partnership with MSC Mediterranean Shipping Company, a global leader in shipping and logistics.Silsal provides a seamless and secure link between stakeholders across the trade community using the electronic ledger system.As a major carrier, MSC will provide vital information and feedback on the international pilot project…

16 Oct 2018

MSC, TRAXENS Pact for Smart Containers

Pic: MSC Mediterranean Shipping Company S.A.

The container shipping and logistics giant MSC Mediterranean Shipping Company is increasingly introducing smart container solutions for customers at many locations around the world, using IoT solutions developed by its partner TRAXENS.MSC is committed to equipping 50,000 dry cargo containers in the coming months to meet the growing demand from shippers for TRAXENS solutions, said a press release from the company."MSC’s partnership with TRAXENS will enhance supply chain management for shippers through unprecedented visibility of dry cargo flow from door-to-door…

19 Jul 2018

ZIM, Maersk Line and MSC Partner on Asia-US Trade

Photo courtesy of ZIM

ZIM Integrated Shipping Services and the members of the 2M Alliance, Maersk Line and Mediterranean Shipping Company (MSC), announced a new strategic cooperation on the Asia – U.S. East Coast trade.At present, MSC and Maersk Line operate five loops and ZIM operates two loops on the trade.Starting early September 2018, the parties will operate together five loops between Asia and the U.S. East Coast. ZIM will operate one loop while the other four are operated by 2M. The parties will swap slots on all loops.Eli Glickman…

12 Oct 2018

MSC Adds New Rail Service in Spain

Pic: MSC Mediterranean Shipping Company,

MSC Mediterranean Shipping Company is launching a new rail service to bring agricultural cargoes from Spain closer to the international markets.The transportation and logistics company said that the new service runs will improve links between Seville and Cordoba (Spain) and destinations in the Mediterranean, the Middle East and the Far East, beginning in October 2018. It is expected to run at least twice a week from both Seville’s inland maritime port – Puerto de Sevilla – and Cordoba’s cargo rail terminal and the port of Valencia…

20 Aug 2018

Shipping Companies Recognized for Efforts to Save Whales

(Photo: NOAA)

NOAA presented awards to 13 global shipping firms for their commitment in helping prevent ship collisions with whales off the coast of California.The companies participated in a Voluntary Speed Reduction initiative by slowing their ships to speeds of 10 knots (about 11.5 mph) or lower while transiting vessel traffic lanes outside the Golden Gate during whale feeding season, from May through mid-November.The national marine sanctuaries of North-central California - Greater Farallones…

24 Sep 2018

MSC to Introduce Global Fuel Surcharge

Photo: MSC Mediterranean Shipping Company

Improving the environmental performance of the container shipping supply chain is a common goal shared by shipping lines, shippers, freight forwarders and non-vessel operating common carriers, as well as governments, regulators, and the public around the world.The UN International Maritime Organization (IMO) requires that from 1 January 2020, Sulphur content in the fuel used for international shipping must be limited globally to 0.5%, compared with the current standard of 3.5%…

28 Sep 2018

ZIM-MSC Connecting India and East Mediterranean Ports

File Photo: ZIM Integrated Shipping Services Ltd

ZIM Integrated Shipping Services (ZIM) and MSC Mediterranean Shipping Company have announced a new cooperation on the India sub-continent – Mediterranean trade. The new cooperation is due to commence on the second half of October, connecting India and major East Mediterranean ports. A press statement from the company said: "We are pleased to announce a new cooperation, offering a fast and reliable connection between the sub-continent and the Mediterranean."Rani Ben-Yehuda, ZIM’s EVP Cross Suez and Atlantic BU…

21 Aug 2018

MSC Honoured for Whale Protection Measures

Oakland Port Manager, Mr. Michael McMahon and West Coast Port Operations General Manager, Mr. Stan Kwiaton, received the award on behalf of MSC from National Marine Sanctuary leaders, at the Greater Farallones National Marine Sanctuary campus in the Presidio of San Francisco. Photo: MSC

The National Oceanic and Atmospheric Administration (NOAA) and the Cordell Bank and Greater Farallones national marine sanctuaries, off the US Pacific coast, has recognized the Mediterranean Shipping Company’s (MSC) positive work in reducing vessel speeds for a cleaner environment and better marine wildlife safety.The purpose of this speed-reduction program is to improve air quality, reduce risk of fatal whale strikes, and protect whales within National Marine Sanctuaries. Award…

17 Apr 2018

MAN D&T Scoops 11 MSC Vessel Order

Company to fit MSC newbuildings with both main and auxiliary engines Photo by MAN

MAN Diesel & Turbo has won the order from MSC Mediterranean Shipping Company for 11 × 23,000 TEU container vessels equipped with 11 × MAN B&W 11G95ME-C9.5 main engines. Samsung Heavy Industries (SHI) will construct six of the vessels while Daewoo Shipping Marine Engineering (DSME) will construct the remainder. Bjarne Foldager, Vice President – Sales & Promotion, Two-Stroke Business – MAN Diesel & Turbo, said: “This order underlines the positive, long-term business relationship between MSC and MAN Diesel & Turbo.

06 May 2018

GCI Acquisition Fetches Extra Money for Seaspan

Photo: Seaspan Corporation

The Hong Kong-based containership lessor Seaspan Corporation reported a net profit of $67 million for the quarter ended March 31, 2018 as revenues rose 11.7 percent to $244 million compared with the same 2017 period. The addition of operating vessels from the buyout of Greater China Intermodal Investments (GCI) led to higher revenues. The company has informed that it has completed accretive acquisition with an implied enterprise value of $1.6 billion of the remaining 89% that Seaspan did not own of GCI.

07 May 2018

Abu Dhabi Ports Signs a 30-year Deal with MSC to Build Terminal

© streetflash / Adobe Stock

Abu Dhabi Ports has signed a 30-year concession agreement with Mediterranean Shipping Company (MSC) to build a new container terminal at its Khalifa Port.Abu Dhabi, the capital of the United Arab Emirates (UAE), has spent billions developing the port, which opened in 2012, as part of ongoing efforts to diversify its oil-rich economy.Khalifa Port is on a man-made island roughly half-way between the centres of Abu Dhabi and Dubai, and about 60 kilometres (37 miles) south from Dubai’s huge Jebel Ali port.Construction of the new terminal will include deepening berths to make Khalifa Port capable o

Maritime Reporter Magazine Cover Mar 2019 - Cruise Shipping

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News