Msc Group News

The MSC Foundation, the MSC Group and Mercy Ships International have joined forces to build a new hospital ship.On 8 April, the chairman of MSC Group and MSC Foundation, Capt. Gianluigi Aponte, MSC Group President and Member of the MSC Foundation Board, Diego Aponte, and Mercy Ships Founder, Don Stephens, finalized an agreement to kickstart the new project with a generous anchor donation from MSC Foundation.The new purpose-built hospital ship will expand the impact of Mercy Ships’ life-changing surgeries…

Mediterranean Shipping Company (MSC) on Monday held a naming ceremony for its new ultra large containership MSC Nicola Mastro in Intaly's Port of Trieste.The 400-meter-long 24,116 TEU newbuild was built by China State Shipbuilding Corporation's Jiangnan Shipyard as part of MSC's new record-breaking Celestino Maresca class, among the world's largest containerships. "At MSC, we continue to modernize our fleet and are investing in the most fuel-efficient vessels by design. The MSC Nicola Mastro is one of those vessels…

MSC Group Cruise Division -- Explora Journeys -- saw the launch by Fincantieri of Explora I, the first of four new luxury cruise vessels for MSC's new luxury travel brand. The first ship cost $560m, part of a four-ship newbuild plan for a cumulative $2.6B.The event was attended by Gianluigi Aponte - Founder and President of the MSC Group, Pierfrancesco Vago - Executive President of the Cruise Division of the MSC Group, the godmother of the ship Zoe Africa Vago, and for Fincantieri Pierroberto Folgiero…

Gasum and the Cruise Division of MSC Group have signed a long-term agreement for the supply of LNG to the new flagship MSC Cruises vessel MSC Euribia.The companies have also signed a Letter of Intent with the goal of cooperating on the supply of synthetic e-LNG made with renewable energy as part of MSC Cruise Division’s strategy to achieve net zero greenhouse gas emissions from its marine operations by 2050.MSC Euribia recently sailed the cruise industry’s first net zero greenhouse gas emissions voyage.

Maersk's APM Terminals has pledged a €962 million (US$1 billion) investment in its Brazilian operations up to 2026.This figure includes a €296 million of a total €483 million investment exclusively for the Phase One development of a new terminal in Suape. The terminal, located in Estaleiro Atlântico Sul, is in the final stages of acquisition and will rejuvenate infrastructure and increase competition in the port.APM Terminals has committed an additional €666 million of investment to the company’s four other terminals and inland depots, by 2026.

French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the two companies said on Monday.CMA CGM granted the Bollore group an option to sell it the logistics business, which generated more than 7 billion euros in revenue last year and employs 13,500 people.Bollore said it would decide whether or not to exercise the option after consulting employee representatives.The…

French shipping group CMA CGM is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on Tuesday.For Bollore a deal would mean cutting ties with its biggest business while offering cash-rich CMA CGM a chance to bolster its bid to offer end-to-end transportation services and supply chain management.The business posted more than 7 billion euros in revenue last year and has 15,000 employees.News of the indicative offer, made on a cash free and debt-free basis, boosted Bollore's shares.Bollore disclosed it following a report in shipping publi

French conglomerate Bollore, run by the family of billionaire Vincent Bollore, said on Wednesday it had completed the sale of its Bolloré Africa Logistics arm to shipping company MSC Group.The Bolloré company added the transaction was on the basis of a 5.7 billion euro ($6.1 billion) enterprise value.“The Bolloré Group will remain strongly involved in Africa, notably through Canal+, and will also continue to develop on this continent its activities in many fields such as communications, entertainment, telecommunications and publishing,” added the company in a statement.The Bolloré company hold

MSC Group’s Cruise Division on Wednesday officially took delivery from shipbuilding group Fincantieri of its new flagship MSC Seascape, said to be the largest and most technologically advanced cruise ship ever built in Italy.The vessel is the 21st to join the MSC Cruises fleet and the fourth to have been built by Fincantieri as part of a €7 billion investment package for 10 ships. The shipyard will also build six new vessels for MSC’s luxury travel brand, Explora Journeys.The 170…

Swiss-headquartered shipping giant MSC Mediterranean Shipping Company SA continues to expand with an agreement to acquire towage provider Rimorchiatori Mediterranei.The company announced Sunday a deal through its wholly owned subsidiary SAS Shipping Agencies Services Sàrl to acquire 100% of the share capital of Rimorchiatori Mediterranei S.p.A. from Rimorchiatori Riuniti and a fund managed by DWS’s Infrastructure Investment business.Completion remains subject to the receipt of approvals…

Italian shipbuilding group Fincantieri said it has secured a contract to build up to three "ultra-luxury" cruise ships for an unnamed international buyer.The €1.2 billion deal is for one vessel to be delivered by the end of 2025, with options for two additional vessels, Fincantieri said.Fincantieri did not share any specifics about the cruise ships' size and technical details.The cruise ship order is one of only a handful placed since the cruise industry was derailed by the COVID-19 pandemic…

Italian shipbuilding group Fincantieri on Wednesday announced it has signed a memorandum of agreement (MOA) with Explora Journeys, the luxury travel brand of the MSC Group's cruise division, for the construction of two hydrogen-powered luxury cruise ships.EXPLORA V and EXPLORA VI will feature a new generation of liquefied natural gas (LNG) engines that will tackle the issue of methane slip and will also be equipped with industry first environmental technologies and solutions, including a containment system for liquid hydrogen that will enable them to use this promising low-carbon fuel.

Italian shipbuilder Fincantieri on Monday announce the float out of EXPLORA I, the first of four luxury cruise ships ordered by the Cruises Division of MSC Group for its new luxury brand Explora Journeys. The float out took place at Fincantieri’s shipyard in Monfalcone, Italy.The vessel construction began in June 2021, and the ship is expected to enter service at the end of May 2023. At the same time, the construction of EXPLORA II, the second ship of the new brand, is proceeding with delivery expected in summer 2024.The float-out ceremony was attended…

A coin ceremony has been held for Explora I, the first of four luxury cruise ships ordered by the Cruises Division of MSC Group for its new luxury brand Explora Journeys, at Fincantieri’s shipyard in Monfalcone, Italy.The vessel, whose construction began in June 2021, will enter service in May 2023 and is the first of four ships on order worth more than €2 billion, each with a gross tonnage of approximately 64,000 tons. Each ship will be equipped with 461 guest suites.Construction of Explora II started in October 2021 at Fincantieri’s Castellammare di Stabia (Naples) yard.

Italian shipbuilding group Fincantieri has cut first steel for Explora Journeys' new-concept luxury cruise ship Explora II.Explora Journeys, the new luxury brand of the cruises division of MSC Group, ordered four vessels of this class in 2018, in a deal worth more than €2 billion.The series' first ship, Explora I is currently under construction in Monfalcone, while Explora II will be built at Fincantieri's Sestri Ponente (Genoa) yard, with deliveries planned in 2023 and 2024 respectively.Each of the four 64,000-gross-ton vessels will have 461 guest suites on board.

Italian shipbuilder Fincantieri has said it has delivered the MSC Seashore - the largest cruise ship to be built in Italy - to the cruise division of MSC GroupAlso, Fincantieri said Monday that MSC Seashore's sister ship MSC Seascape was under construction at the Monfalcone shipyard. MSC Seascape is expected to enter service in the winter of 2022.Pierfrancesco Vago, executive chairman of the Cruise Division of MSC Group, said the construction of MSC Seashore is an investment that generates an impact on the Italian economy of almost 5 billion euros and the employment of up to 4…

MSC Group's cruise division, shipbuilder Fincantieri, and Italian energy infrastructure company Snam have signed a memorandum of understanding to determine the conditions for the design and construction of what would become the world’s first oceangoing hydrogen-powered cruise ship.The owner of the world’s third largest cruise brand and part of the leading global shipping and logistics conglomerate MSC Group, giant shipbuilding group Fincantieri, and Snam have joined forces to…

Shipping line MSC Mediterranean Shipping Company (MSC) and oil firm Shell have partnered up to speed up the decarbonization of the global shipping sector."The long-term memorandum of understanding will help MSC and Shell to play enhanced roles in the energy transformation of shipping, as developers and early adopters of innovative technologies and fuel solutions," the companies said in a statement.The companies plan to develop a range of safe, sustainable and competitive technologies…

Container shipping giant Mediterranean Shipping Company (MSC) said it is working to advance the exploration viability of hydrogen and fuels derived from it as potentially viable fuel sources for its vessels.The initiative is part of the Swiss-Italian shipping line’s wider approach to decarbonization which has already seen the company pioneer the use of biofuels as a blended marine fuel, and on Tuesday MSC said it joined the Hydrogen Council, an industry body, to help drive R&D…

Italian shipbuilding group Fincantieri has begun building the first of four new ships on order for MSC Group's new luxury cruise brand Explora Journeys.Built at Fincantieri shipyard in Monfalcone, Italy, the new cruise ship Explora I is scheduled to set sail in 2023, followed by its sister ships slated to be delivered in 2024, 2025 and 2026.The design incorporates provision for battery storage allowing future hybrid power generation, as well as the latest selective catalytic reduction (SCR) technology, enabling a reduction of nitrogen oxide (NOx) emissions by 90%.

Seafarers' lack of access to vaccinations is placing shipping in a "legal minefield", while leaving global supply chains vulnerable, warns the International Chamber of Shipping (ICS).The organization is planning to circulate a legal document to the global shipping community later this week highlighting its concerns following reports that some states may require crews to be vaccinated in order to enter their portsComplicating matters even further, it's expected developing nations will not achieve mass immunization until 2024…

MSC Group's Cruise Division has signed a contract with Fincantieri for the construction of a new mega cruise terminal at PortMiami, a North America and the Caribbean cruise hub.The new terminal reflects an investment of approximately €350 million ($414.4 million) and will be made up of a multi-level central body to serve as many as three latest generation ships at the same time, with up to 36,000 travelers transiting every day. Designed by the award-winning global architecture firm Arquitectonica…

Container shipping giant MSC Mediterranean Shipping Company doubled down on its position to avoid sending its vessels through the Northern Sea Route and urged others to follow suit, citing environmental concerns.“As a responsible company, this was an obvious decision for us,” said MSC CEO, Soren Toft. “MSC will not seek to cut through the melting ice of the Arctic to find a new route for commercial shipping, and I consider this a position the whole shipping industry must adopt.”Running from Murmansk near Russia’s border with Norway to the Bering Strait near Alaska…