MSC Enters Deepsea Ro-Ro Shipping Sector

By Gavin van Marle (The Loadstar) - The world’s second largest container shipping line, MSC, has announced plans to enter the scheduled deepsea roll-on roll-off (ro-ro) sector. The Geneva-headquartered carrier will launch a fortnightly ro-ro service between North Europe and West Africa on 19 February, with a port rotation of Le Havre-Antwerp-Dakar-Conakry-Abidjan-Le … [Read more...]

MSC Says in Talks to Buy Stake in Italy’s Ignazio Messina

LONDON, Feb 14 (Reuters) - The world's no. 2 container line Mediterranean Shipping Company (MSC) is in talks to acquire a stake in smaller Italian counterpart Messina, the Swiss-headquartered group said, in another sign of consolidation in the sector. Container lines are battling their worst ever downturn due to a glut of ships and weaker demand - prompting rivals to form … [Read more...]

Ro-Ro Safety Compromised By Fires and Explosions

Ro-Ro safety is a crucial issue, which was discussed by marine industry professionals at a Ro-Ro Safety Seminar held in Rome last month. Ro-Ro safety became a hot topic following the high level of casualties resulting from recent incidents. Case studies, presented at the seminar, fostered by RINA Services, Interferry and Norwegian Hull Club, resulted in … [Read more...]

KKR Said to Hire Goldman Sachs for Turkish Shipping Sale

Dec. 3 (Bloomberg) -- KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, hired Goldman Sachs Group Inc. to sell its Turkish shipping company U.N. Ro-Ro Isletmeleri AS, three people with knowledge of the matter said. The New York-based buyout firm, which bought the operator of roll-on roll-off transport vessels for about 910 million euros ($1.23 … [Read more...]