CMA CGM to launch China-Mexico express shipping service
More evidence of the burgeoning direct trade between China and Mexico was on show yesterday ...
MSC has procured more ultra-large containerships, as the second-largest liner operator continues its fleet expansion.
Brokers indicated that MSC had ordered four 24,200 teu ships, equally split between Hudong-Zhonghua Shipbuilding and Jiangnan Shipyard (Group), both subsidiaries of China State Shipbuilding Corporation.
Each vessel will cost $150m and will be delivered at the end of 2023.
the order follows contracts for six similar-sized vessels in December 2020, two each from Hudong-Zhonghua, Jiangnan and Yangzijiang Shipbuilding.
As with those orders, MSC is reportedly financing the latest newbuildings through leasing arrangements with ICBC Financial Leasing and CSSC’s leasing unit, CSSC (Hong Kong) Shipping.
MSC now has 4m teu in operating capacity from 172 owned ships and 427 chartered vessels, and Alphaliner says MSC has 40 ships, for 724,760 teu, on order, although it is not clear whether these include those procured through leasing or bareboat charter agreements with Chinese lessors and others, including Cido Shipping and Eastern Pacific Shipping.
Meanwhile, four 23,000 teu ships are due to be delivered from Daewoo Shipbuilding & Marine Engineering this year. In April, MSC ordered thirteen 16,000 teu ships from two other CSSC yards, Guangzhou Shipyard International and Dalian Shipbuilding Industry Company.
The Loadstar’s attempts to reach MSC for comment were not successful.
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
FAK rate hikes holding, with strong demand into peak season predicted
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Ecommerce boom may be opening the doors for smugglers
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Comment on this article