Gemini Cooperation carriers steam ahead of rivals in reliability stakes
Ocean carriers “need a big nudge” to get their global on-time performance (OTP) back to ...
MSC’s audacious containership buying spree has passed the 100 mark in just 12 months, equating to around 400,000 teu of additional owned tonnage, according to Alphaliner data.
MSC’s aggressive S&P activity was driven by relatively high exposure to the soaring rates in the charter market, from where it sources nearly 70% of its fleet.
However, its early recognition of changing market conditions has brought the carrier a very healthy boost to its balance sheet, due to skyrocketing vessel asset values.
The consultant reported ...
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