Hold all tickets, we have a Stewards Enquiry.
On December 21 we posted "Logistics/Shipping: "Shipping giant MSC offers to buy Africa unit of Bolloré Logistics"
MSC just passed Maersk as the largest container shipping company by container capacity although Maersk is larger based on revenues and net income....
So, as the stewards watch the video and I check my usually accurate source, we read this, from The Loadstar, January 5:
MSC the major 'winner' in 2021's containership capacity race
MSC added 411,000 teu of capacity last year, mostly via second-hand containership purchases, for a growth of 10.7%, to 4,266,805 teu, according to Alphaliner data.
This compares with 2M partner Maersk’s conservative 3.4% capacity growth of 142,405 teu, to 4,279,305 teu, and other carrier rivals’ flat or negative tonnage growth in 2021.
MSC’s tonnage growth was especially impressive given that several of its acquisitions involved ships it already operated on charter.
The consultant’s analysis of the ‘winners and losers’ in the capacity race last year highlighted Geneva-headquartered MSC’s insatiable appetite for the S&P market, notching up more than 100 reported purchases.
S&P brokers told The Loadstar last year MSC was hunting ships of “any size and any age” and prepared to outbid all other carriers for an available vessel, even if the transaction involved the expiry of a current charter of six months or more.
However, percentage-wise, Taiwan’s Wan Hai grew its fleet the most: by nearly a third, to 421,202 teu, thereby powering its way into the carrier top 10 rankings and demoting Zim to 11th, despite the Israeli line boosting its fleet by almost 15%, to 413,862 teu, with new charters and its first purchases of second-hand ships.
Elsewhere, Wan Hai’s compatriot, Evergreen, added 199,254 teu of tonnage representing a 15.6% increase in capacity, to 1,477,644 teu.
Nevertheless, Evergreen was not an active player on the S&P market....
....MUCH MORE
