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
Asia-Europe container trade analysis highlights its fluidity : Alphaliner
GENEVA : MSC and the Ocean Alliance lead the way on the Asia to Europe trades in terms of market share, but Alphaliner’s analysis shows a trade in flux that will necessarily change again
MSC is opening new feeder service between Paradip and Colombo
GENEVA : Mediterranean Shipping Co. (MSC) has inked a deal to start a feeder service between Paradip Port (PPT), a major gateway on India’s east coast, and Sri Lanka’s Colombo Port. The service is
Odisha signs VGF agreement with MSC to start containerised cargo through Paradeep Port
BHUBANESWAR : The Odisha Government has signed an agreement with the Mediterranean Shipping Company (MSC) for Viability Gap Funding (VGF) to encourage containerised cargo export/import shipping through Paradeep Port. Saswat Mishra, Principal Secretary/MSME Department
MSC strengthens its Europe – South Africa network
GENEVA : Aiming to improve its Europe – South Africa network, MSC has announced the enhancement of its NWC to South Africa Service, effective from March, and the launch of a new feeder service
Red Sea crisis hit India’s trade : Container Shipping line MSC and CMA CGM suspend key routes
CAPETOWN : Mediterranean Shipping Company S.A, the world’s largest container shipping line, has suspended two services from India, one destined for the U.S. and the other for the Mediterranean. Concurrently, French carrier CMA CGM
Red Sea attacks leave shipping companies with difficult choices
CAIRO : The shipping companies that move goods on one of the world’s busiest trade routes for factories, stores, car dealerships and other businesses face an excruciating decision. They can send their vessels through the Red Sea if