Box lines – billions ready to burn in market share fights
…rather than M&A
Looking inside the MSC family on Monday 7 August was quite convenient, keeping in mind their hunger for expansion and… the Q2 23 numbers released today by Ocean Wilsons Holdings Limited (OW), which controls Wilson Sons (WS) from Rio de Janeiro.
It’s unknown yet if the Italo-Swiss firm will win over the Brazilian maritime outfit, with its appealing towage and container handling units, but what clearly emerges from MSC insiders is that the interest in multiple assets is there.
“You are right, ...
US port strike called off as ILA and USMX reach 'tentative' agreement
$7bn infrastructure project heads list of expansion plans for India's busy ports
Alliance reshuffle will increase box ship shortage as carriers hunt 'buffers'
Three new services and a transpacific focus for Ocean Alliance in 2025
Evergreen staff bonuses soar again, as carrier profits triple
Shipping Australia calls for end to 'disruptive' port strikes
Launch of new tariffs 'a speeding train', be ready, US importers warned
Ripples from 2025 CNY 'may still be rocking the boats in summer'
Comment on this article