Having overtaken Maersk in TEU capacity this year, MSC is growing its diversified portfolio.
MSC subsidiary Terminal Investment Limited (TiL) has announced the acquisition of sole ownership of two Le Havre terminals – TNMSC and Terminal Porte Océane (TPO) - which it will be expanding over the next six years, reports The Maritime Executive. The company’s ultimate goal is to make the port a gateway to North-West Europe.
The purchase clears the way for an approximately $700m (R12bn) investment to expand and modernise the terminals.
The shipping company has also placed on its agenda the Vietnamese Megaport. It is involved in plans to develop Vietnam’s largest box shipping complex, reports Splash 247.
In addition, TiL has collaborated with Vietnam National Shipping Lines and Saigon Port to proceed with a massive transhipment hub in Can Gio, south of Ho Chi Minh City. With 7.2 kilometres of quayside, the port would be able to handle the largest boxships afloat, and once complete will have an annual output in excess of 10 million TEUs.
Splash 247 reported last month that MSC had bought 20 more newbuilds comprising ten 8 100-TEU vessels and ten 11 400-TEU vessels. The purchase grew the shipping company’s order book by a further 200 000 slots.
MSC also announced the launch a new transpacific service last month that will connect Asia and the United States, reports Sea Trade. The new weekly service will offer direct connections from northern China and South Korea to the US Gulf Coast. It is set to begin on July 20.
