Container Rates Stall as Capacity Glut Offsets Hormuz Shock
Container spot freight rates on the main east-west trades largely flatlined this week as excess capacity and uneven demand failed to further spur recent pricing increases by carriers.
Photo: MSC
The 19,224 TEU MSC Zoe will be christened this Sunday in Hamburg, Germany, officially joining sister ships MSC Oscar and MSC Oliver for the title of the world’s largest containership by carrying capacity.
MSC Zoe is the third ship in a series of six 19,224 TEU capacity vessels in Mediterranean Shipping Company’s so-called ‘Oscar Class’.
Sunday’s ceremony will be attended by MSC partners and families, including representatives from shipbuilder DSME, class society DNV GL, local authorities and financiers, MSC said. MSC Zoe is named after the daughter of MSC Chairman Pierfrancesco Vago and his wife Alexa Aponte Vago, who is MSC Group’s CFO.
The vessel will operate on MSC’s SWAN service between Asia and North Europe.
Here’s a clip of the ship this week in the Netherlands.
OSCAR CLASS DETAILS:
Built: DSME in Okpo, South Korea
Length (LOA): approx.. 395.4 m
Breadth MLD: 59.0 m
Service speed: 22.8 knots at design draft
Gross tonnage: 193,000 tons
Crew: up to 35 crew members

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