2M split may be on the horizon as tonnage-rich MSC prepares to go it alone
Since August 2020, MSC’s brokers have completed the acquisition of nearly 250 second-hand containerships to ...
© Denys Yelmanov
Interesting companion piece, from FreightWaves, to today’s news that Soren Toft is moving from Maersk Line to become chief executive at MSC, its 2M partner but also one of its fiercest competitors. The current orderbook suggests that MSC will close the gap in capacity that currently separates the two rivals. It reports: “Although MSC has a far bigger orderbook, FreightWaves understands that as those vessels join the fleet, chartered vessels will be released. Is it possible that Toft might implement a different strategy that sees MSC vie to take Maersk’s mantle? Time will tell.
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