MSC makes $700m Gram Car Carriers takeover bid
GENEVA : The board of Gram Car Carriers (GCC) have unanimously recommended to shareholders a takeover bid from MSC through its subsidiary SAS Shipping Agencies. SAS has put forward a cash offer for all
From Sea to Savings: How MSC Short Sea Shipping is Reducing CO2 and Costs
GENEVA : Reducing the environmental impact of transporting goods is one of the key ways we can reduce our overall impact on the planet’s health. In Europe, road transport currently accounts for over half
MSC tops in reefer container rankings too
GENEVA : MSC has developed the largest capacity for refrigerated containers, as the Swiss-Italian liner giant strengthens its status as the largest liner operator. Alphaliner’s report noted that MSC’s fleet has grown nearly 20%
MSC joins ocean carriers in halting deliveries to Baltimore
GENEVA : In light of the recent container ship accident near the Port of Baltimore that caused the collapse of the bridge, MSC, one of the world’s largest ocean carriers, has joined the list
Aponte’s MSC to acquire Genoa’s daily newspaper Secolo XIX
GENEVA : World’s biggest container line operator MSC seems to be interested in buying Genoese newspaper group Secolo XIX, following the steps of its French competitor CMA CGM which has also entered the media sector.
MSC commences new Panama-US East Coast service
GENEVA : The world’s largest box line MSC has announced the launch of a new connection between Panama and the US East Coast. Geneva based container line will start a service, called Wilmington Feeder,
MSC completes acquisition of French Freight Forwarder Clasquin
GENEVA : MSC and French freight forwarder Clasquin have agreed on the terms of an acquisition deal announced in December 2023 which will be completed by MSC subsidiary SAS Shipping Agencies Services Sàrl. SAS
Carriers ‘undo’ rate hikes on India-US trades amid cargo volume pressure
MUMBAI : Container carriers appear to have abandoned plans to hike freight rates on Indian trades to the United States, as they are facing a slump in cargo bookings. MSC, Hapag-Lloyd and CMA CGM