Comment / Inside the MSC family as Mærsk comes up short

Acave

ID 109924698 © Tero Vesalainen | Dreamstime.com

By Alessandro Pasetti

07/08/2023

As Mærsk nervously prepared to issue Q2 23 numbers last Friday, 4 August, the world’s largest box line, Mediterranean Shipping Company (MSC), was cheerfully intent on promoting the purchase of a majority stake in AlisCargo Airlines, a Milan-based air freight carrier. Ultimately, if everything goes according to plan, it will be fully owned as part of the family’s portfolio from early 2024.

For the Italo-Swiss carrier, not being publicly listed is a luxury that perfectly fits its asset-focused M&A mission. Almost ...

Comment on this article

You must be logged in to post a comment.

Topics

M&A radar MSC Vertical consolidation

Most read news

Maersk u-turn as port congestion increases across Northern Europe

Apple logistics chief Gal Dayan quits to join forwarding group

Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'

Airlines slash freighter capacity post-de minimis, but 'the worst is yet to come'

Houthis tell Trump they will end attacks on Red Sea shipping

Transpac rates hold firm as capacity is diverted to Asia-Europe lanes

MSC revamps east-west network as alliance strategies on blanking vary

India-Pakistan 'tit-for-tat' cargo ban sparks sudden supply chain shocks

Containership charter market feels the ripples from trade tensions

Container spot rates diverge: to Europe still falling, but firmer to the US

Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded

Changing shipment origin won't wash: US CBP turns away whole truckloads

Airfreight players eye new routes as demand on the transpacific nosedives

Expeditors reports healthy growth in a 'frenzied landscape of tariffs'

Indian coastal freight attracts major carriers, but regional tension disrupts

Serious threat to jobs in US logistics as tariffs cause economic 'stagflation'