CMA CGM's $20bn US pledge: all fur coat and no knickers
Is Macron at the helm?
MSC is continuing its strategy of hoovering-up container tonnage on the second-hand market, acquiring more ships in the past week, some to remain on charter to other carriers.
Despite having the largest orderbook of any carrier, of some 800,000 teu, with deliveries stemmed from 2022 onwards, MSC is still on the hunt.
The new additions to MSC’s fast-expanding fleet take the number of containerships purchased since last August to more than 70 for a capacity of around 300,000 teu.
According to one S&P ...
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