Scrubber Queue Grows Ahead of IMO 2020

By Mike Wackett (The Loadstar) - Another containership fitted with an exhaust gas cleaning system (scrubber) is added to the global fleet every 10 hours, according to Alphaliner data. However, the race to get scrubbers retrofitted on ships ahead of IMO 2020 regulations on 1 January has resulted in a significant extension of the budgeted downtime for many vessels. Some … [Read more...]

MSC Commits to Biofuel Blend for Vessels Calling Rotterdam

One of the world’s largest shipping lines, MSC Mediterranean Shipping Company (MSC), has opted to begin using biofuel blends to power some of its fleet, becoming the first major ocean carrier to do so. The decision by MSC follows successful trials with biofuel blends earlier this year. The trials were completed using a 10 percent blended bunker fuel. However, following … [Read more...]

MSC Noses Toward Top Liner Ranking After Poaching Star Maersk Exec

By Mike Wackett (The Loadstar) - Maersk’s cuts in capital expenditure, including its decision not to order new vessels in the next two years, will clear the way for MSC to take over as the top-ranked ocean carrier, according to Alphaliner, And The Loadstar’s sources suggested that this “profit over market share” strategy by the Danish transport group may have contributed to … [Read more...]

MSC Confirms Toft’s Appointment as CEO of Shipping and Logistics Business

By Jonathan Saul LONDON, Nov 18 (Reuters) - Swiss headquartered container group MSC has hired Soren Toft as chief executive of its shipping and logistics business from rival A.P. Moller Maersk , a company spokesman said on Monday. Toft will report directly to Diego Aponte, MSC group's president, and Gianluigi Aponte, the company's founder and group chairman, the MSC … [Read more...]