MSC and CMA CGM expand fleets with second-hand buys and newbuilds

MSC and CMA CGM are continuing to grow their fleets with second-hand vessel acquisitions and newbuilding orders.

MSC, already set to overtake Maersk Line as the world’s largest liner operator, was reported by brokers to have acquired the 2014-built 4,896TEU X-Press Jersey and the 2015-built 5,001TEU X-Press Guernsey from Singapore-based Sea Consortium, parent of X-Press Feeders.

The total reported purchase price of US$210 million is a new record for Panamax boxships of this age, according to...

https://container-news.com/msc-and-cma-cgm-expand-fleets-with-second-hand-buys-and-newbuilds/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon