MEDITERRANEAN Shipping Company (MSC) has maintained its dominant position in the container shipping industry through an unprecedented buying spree of second-hand vessels, according to maritime analytics firm Alphaliner.
The unprecedented expansion has solidified MSC's position at the top of Alphaliner's liner operator rankings, with a fleet of 852 ships representing more than 6 million TEU and nearly 20 per cent of the liner market share, reports Ventura, California's gCaptain.
In recent weeks, msc reportedly acquired two more ships: the 1,440 TEU Cape Flint from Germany's Schoeller Group and the 2,526 TEU Jan Ritscher from Reederei Gerd Ritscher. The company's summer acquisitions also included several medium-sized vessels, such as the 5,364 TEU Ever Unity and five 'classic panamax' ships with capacities ranging from 4,173 to 4,713 TEU.
'All in all, MSC has now bought a mind-blowing 383 second-hand container ships in the last four years,' Alphaliner said in its report.
SeaNews Turkey
The unprecedented expansion has solidified MSC's position at the top of Alphaliner's liner operator rankings, with a fleet of 852 ships representing more than 6 million TEU and nearly 20 per cent of the liner market share, reports Ventura, California's gCaptain.
In recent weeks, msc reportedly acquired two more ships: the 1,440 TEU Cape Flint from Germany's Schoeller Group and the 2,526 TEU Jan Ritscher from Reederei Gerd Ritscher. The company's summer acquisitions also included several medium-sized vessels, such as the 5,364 TEU Ever Unity and five 'classic panamax' ships with capacities ranging from 4,173 to 4,713 TEU.
'All in all, MSC has now bought a mind-blowing 383 second-hand container ships in the last four years,' Alphaliner said in its report.
SeaNews Turkey