Ship Owners Lock In Charter Rates at 13-Year Highs

Containership charter rates have hit 13-year highs and shipowners are locking these in with carriers on three- and five-year charters.

2M Blanks Asia-Europe Sailing at Last-Minute

The 2M alliance has announced a further blank sailing this week from Asia to North Europe to use the vessel on another service.

MSC Secures Crew Change for Stranded M/V Anastasia Seafarers

MSC Mediterranean Shipping Company has announced an agreement to disembark the stranded crew members of the bulk carrier Anastasia in Japan.

China finally grants crew change for MSC bulker, coal carrier queue reducing

The Mediterranean Shipping Co (MSC)-owned vessel, Anastasia has been anchored at Tangshan’s Caofeidian Port since September 20 with 16 Indian seafarers onboard, one of more than 50 ships that have been stranded as trade ties between Canberra and Beijing have worsened in recent months.

MSC accelerates secondhand boxship buying spree

Swiss-headquartered containerline Mediterranean Shipping Company (MSC) continues to snap up boxships in the secondhand market according to Alphaliner, acquiring eight vessels in the past three weeks as container shipping rates continue to surge.

MSC Says It Will Pony Up to Avoid General Average in Maersk Elba Fire

MSC Mediterranean Shipping Company is taking the unusual step of covering costs related to the fire on board the Maersk Elba in order to avoid General Average.

MSC joins the Hydrogen Council to help accelerate shipping’s decarbonization

Mediterranean Shipping Company (MSC) has joined the Hydrogen Council, as a steering member to foster cross-sector collaboration that will accelerate research and development related to clean hydrogen derived fuels and solutions.

Cruises from Italy to Resume While North American Cruises are Delayed

MSC and Costa Cruises both announced plans to restart their cruises from Italy in January after the Italian Government’s requested pause during the holiday season.

Sudden megamax buying binge sees boxship orderbook to fleet ratio nudge past 10%

A total of 25 giant megamax containerships were ordered in Q4 last year, nudging the boxship orderbook to fleet ratio into double-digit territory for the first time in a long time, according to data from Alphaliner.

COVID Restocking Surge Continues at Port of Los Angeles

Eighty eight cargo vessels arrived in November, including nine extra loaders. There were no canceled sailings.

BRS strikes out into new green territory with carbon credits brokerage

France’s Barry Rogliano Salles (BRS) has become the first shipbroker to offer emissions consulting services and carbon credits brokerage. The new green offerings will become available early next year.

Soren Toft, Former Maersk Executive, Takes the Helm at MSC

Soren Toft on Wednesday started his role as chief executive of Swiss headquartered container group MSC’s shipping and logistics business almost a year after he was hired from rival A.P. Moller Maersk.

MSC tipped to overtake Maersk at the top of the liner rankings

Maersk, the world’s largest containerline for the past quarter century, could soon lose its top spot on the global liner rankings list to its alliance partner, MSC.

Seoul summons liners as red-hot transpacific market worries exporters

With transpacific freight rates hitting extraordinary highs and shippers struggling to find slots on crowded boxships, the South Korean government has waded in, determined that carriers do not skip the peninsula in favour of neighbouring China.

Naval Coalition Celebrates One Year Protecting Shipping in Strait of Hormuz and Bab el-Mandeb Strait

The naval coalition tasked with protecting freedom of navigation and the free flow of commerce through two of the Middle East’s most critical choke points the Strait of Hormuz and Bab el-Mandeb Strait is celebrating its first year of operations.

Weekly Broker: MSC leads boxship buying charge

Containership S&P activities dominate the week’s transactions with many ships changing hands, and freight and charter rates surging.

MSC moves for six boxships in $158m deal

Swiss-headquartered container line Mediterranean Shipping Co (MSC) is set to increase its owned fleet by six according to broking reports.

MSC Cruises first to use Fincantieri’s new air sanitation system for cruise ships

MSC Seashore, a yet-to-be-delivered cruise ship owned by Switzerland-based cruise line MSC Cruises, will become the first vessel to feature Fincantieri’s next-generation air sanitation technology.

CMA CGM and MSC join TradeLens as foundation carriers

CMA CGM and Mediterranean Shipping Company (MSC) have joined the Maersk/IBM created TradeLens blockchain platform as so-called foundation carriers.

UAE Freighter Docks in Israel's Haifa Port First Time Since Peace Deal Signed, Netanyahu Says

A cargo vessel from the United Arab Emirates has docked in Israel's largest international seaport of Haifa for the first time since the signing of the landmark peace agreement between the two countries in mid-September, Israeli Prime Minister Benjamin Netanyahu said on Monday.

MSC backs hydrogen as future fuel

Mediterranean Shipping Company (MSC), the world’s second largest containerline, has given an indication of its future investments as its pursues its own decarbonisation course with hydrogen to the fore.

Greek Authorities Confirm No Covid-19 Aboard Mein Schiff 6

The cruise industry’s latest coronavirus scare turned out to be just that - a scare. Late today, TUI Cruises issued a statement announcing that the Greek authorities confirmed that there are no cases of the virus aboard the cruise ship and that the cruise can proceed as planned.

2M Restores Transpacific Capacity

The 2M is the latest container shipping alliance to return more capacity to the transpacific trades.2M partners Maersk and MSC said today they “continued to see strong demand and volumes with imports into the US”.

One of the biggest container ships in the world took down crane in Valencia

Crane collapsed, crane operator sustained injures and was hospitalized. MSC MIA was anchored at Valencia outer anchorage, and as of 1300 UTC Sep 13, remained anchored. Her next port of call is Gioia Tauro, Italy.

King Abdullah Port now at heart of two new shipping routes linking east and west

King Abdullah Economic City, August 2020: Leading international maritime shipping companies Maersk and MSC have chosen King Abdullah Port as a logistics station on the Red Sea for the two new shipping routes launched by both companies.


MSC Cruises MSC Grandiosa became the first cruise ship to arrive in a foreign port of call with its scheduled call today at the island of Malta on its first 7-day cruise since the coronavirus pandemic shutdown.