MSC
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Supply Chains
Shipping giant MSC offers to buy Africa unit of Bolloré Logistics
The latest example of an ocean carrier expanding into the logistics space involves MSC trying to buy a piece of Bolloré Logistics.
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Regulatory Agencies
US company sues ‘collusive’ ocean carriers, alleging price manipulation
An American company has accused foreign ocean carriers of abusing the container market to pad their profits.
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Maritime
FMC to assess whether container lines are abusing market power
The Federal Maritime Commission is auditing container lines to evaluate potential abuse of leverage against exporters.
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Rail
MSC warns of international intermodal impacts on West and East coasts
The ocean carrier said Monday that BNSF is reducing import traffic at the ports of LA and Long Beach, while inbound trains from New York…
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Maritime
20 tons of coke = 40+ years in prison for MSC container-ship crew
Former chief mate of MSC Gayane gets seven years behind bars for lead role in massive 2019 smuggling operation.
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Maritime
Top 10 liners control 85% of market — and they’re not done yet
Consolidation in the liner sector is already extreme. Newbuild orders will further concentrate market power in fewer hands.
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Maritime
Inside container shipping’s COVID-era money-printing machine
Congestion is cutting liner capacity just as freight rates are at all-time highs, incentivizing carriers to buy or charter more ships.
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Maritime
Suez salvage operators consider removing cargo to lighten distressed vessel
Digging and pulling haven’t freed the giant Ever Given vessel that has stopped traffic in the Suez Canal. The next step might be to lighten…
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American Shipper
Eureka, another container ship en route to Long Beach, delayed
The Maersk Eureka is 650 miles off the coast of Alaska awaiting repairs
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American Shipper
Scores of container ships waiting to transit Suez Canal
“Strong winds” are blamed for causing the 20,000-TEU Ever Given to get stuck and block Suez Canal traffic in both directions.
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