WSJ: Shipping tycoons discuss separating Panama ports from Hutchison deal
WSJ reports: The billionaires behind the MSC shipping empire are discussing carving out two Panama ports ...
By Mike Wackett
With the containership charter market virtually sold out across all sizes, MSC is continuing to expand its fleet with a series of opportunist boxship purchases.
It is thereby closing the capacity gap on its 2M partner, Maersk.
According to Alphaliner, MSC has “embarked on a massive buying spree of second-hand tonnage worth around $180m, anticipating asset price rises, on the back of a fast-improving charter market”.
The consultant described the daily hire rates on the very few charter ships that become open as ...
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