RENFE Photo 208234453 © Joserpizarro Dreamstime.com
© Joserpizarro Dreamstime.com

MSC’s rumoured partial takeover of Spain’s national rail freight operation, Renfe, appears to be inching closer with a reported non-binding agreement being inked.

In September 2023, The Loadstar reported that the shipping giant was eyeing the acquisition of a 50% stake in Renfe Group’s loss-making freight operation, Renfe Mercancías, with Maersk and CMA CGM shortlisted as part of an international tender.

However, reports just before Christmas suggested a revised plan, and news this morning of the ...

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