Mediterranean Shipping Company (MSC) has launched a historic modernization program for its feeder fleet, planning to invest billions of dollars to order 120 new ships between 2026 and 2029, primarily from Chinese shipyards. This initiative aims to replace aging vessels while reinforcing MSC's leadership position in the global shipping market.
Mediterranean Shipping Company (MSC) has recently added an order for 10 ultra-large container ships across multiple shipyards. This confirmation highlights MSC's commitment to LNG fuel and signifies further expansion in the container shipping market.
Mediterranean Shipping Company (MSC) has announced an increase in shipping rates from the Far East to Europe, effective June 2025, covering Northern Europe, the Mediterranean, the Black Sea, and North Africa. This will increase supply chain cost pressures. Businesses need to optimize their layout, improve inventory management, negotiate freight rates, consider alternative transportation methods, and increase product added value to cope. Experts point out that the long-term upward trend of shipping costs cannot be ignored, and companies should pay close attention to market dynamics.
MSC's Terminal Investment Limited will acquire an 80% stake in CK Hutchison's global port portfolio for $22.8 billion, spanning 43 terminals, making it the largest container terminal operator in the world. The acquisition raises concerns about fair market competition, particularly regarding its potential impact on the Panama ports.
Mediterranean Shipping Company (MSC) has restarted pandemic-era diamond-level freight rates, raising prices to $8,000 (West Coast) and $10,000 (East Coast), reflecting the current tight capacity in the shipping market and rising demand. Industry insiders are concerned about further increases in freight rates, prompting importers to reassess their supply chain strategies.
This article details the steps for canceling bookings on the Maersk website, including logging in, locating the order, selecting a cancellation reason, and submitting the request. It emphasizes that only the booking party and contract party have the authority to cancel, and highlights that cancellations are not possible after shipment. The purpose is to help users manage their bookings more conveniently.
Mediterranean Shipping Company (MSC) has recently undertaken a series of ship acquisitions to strengthen its position in the shipping market. The acquisitions include a container ship built in 2001 and a bulk carrier with a capacity of 8,236 TEU. MSC also acquired a 49% stake in the Messina Group, marking its entry as a minority shareholder. These moves reflect MSC's strong commitment to its shipping business while laying a foundation for future growth.
To ensure smooth ocean freight container booking, a range of key information must be provided, including origin, destination, service mode, cargo details, container type and quantity, weight, pick-up information, and special requirements for refrigerated or dangerous goods. Clear information helps avoid delays and ensures transportation safety. Providing accurate and complete details is crucial for efficient and secure shipping. This facilitates proper handling and compliance throughout the entire shipping process.
Preparing for the booking of dangerous goods for maritime shipping requires advance preparation of relevant documents, such as dangerous goods declaration and Material Safety Data Sheets. It is recommended to book at least 3-7 days in advance to address potential issues, reduce transportation risks, and ensure safe and timely delivery.
Mediterranean Shipping Company (MSC) has launched iReefer, a service leveraging IoT technology for real-time monitoring of refrigerated containers, enhancing transparency and reliability in cold chain transportation. The service offers 24/7 monitoring, anomaly alerts, and data analytics, catering to temperature-sensitive goods like food and pharmaceuticals. It aims to reduce spoilage risks, improve efficiency, and drive the digital transformation of the cold chain logistics industry. Customers can register for iReefer through the MSC website or offices.
