MSC on ‘massive buying spree of second-hand tonnage’ to build capacity

Capt. John

With the containership charter market virtually sold out across all sizes, MSC is continuing to expand its fleet with a series of opportunist boxship purchases.
It is thereby closing the capacity gap on its 2M partner, Maersk.
According to Alphaliner, MSC has “embarked on a massive buying spree of second-hand tonnage worth around $180m, anticipating asset price rises, on the back of a fast-improving charter market”.
The consultant described the daily hire rates …

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