News / 'Unending' MSC ship-shopping spree the driver for charter rate rebound

MSC’s unrelenting pursuit of second-hand containerships is reportedly reducing the pool of vessels left available for charter and driving up daily rates.

Since 2020, MSC has acquired more than 420 vessels, more than 17% of the global boxship fleet, according to a Linerlytica report today.

Last week, the Swiss-Italian carrier bought three more ships, the 5,117 teu Shina and 5,039 teu CSL Manhattan (both built in 2005) and the 2008-built 1,749 teu Ludwig Schulte.

Linerlytica ...