Fincantieri Kicks Off Construction For First Ship In MSC’s New Luxury Cruise Brand ‘Explora Journeys’

Explora fincantieri MSC luxury cruises

The first steel of “Explora I”, the first of four new-concept luxury cruise ships that Fincantieri is building for Explora Journeys, the new luxury brand of the cruises division of MSC Group, was cut yesterday. The order for this class of ships, announced in 2018, is worth a total of over 2 billion euros. “Explora I” will be built at the Monfalcone yard with delivery in 2023.

Image Credits:

The operation took place in San Giorgio di Nogaro (Udine) at the Centro Servizi Navali, a...

MSC To Overtake 2M Partner Maersk

  • As its fleet capacity edges above 4m teu, MSC is on the cusp of overtaking 2M partner Maersk to become the largest carrier.
  • The Swiss carrier now controls a fleet of 604 ships for a capacity of 4,015,674 teu, narrowing the gap on Maersk to just 106,000 teu.
  • Moreover, the current market leader has a virtually empty orderbook as it commits its efforts to research and development into alternative fuels.

A recent news article published in The Loadstar by Mike Wackett states that after its buying...

Good traction for MSC’s Asia-to-Europe Ocean and Rail Solution

Pictured: rows and columns of containers in a stack. Photo: OlafPictures via Pixabay

In mid-May, the first shipment of MSC containers was moved via MSC block train from Vostochniy to St. Petersburg in Russia, as part of a new regular multimodal solution from Asia to Europe, which was launched in April.

In recent years, a growing number of shippers have been moving containers from east to west over land, including a surge in cargo originating in China bound for Europe via rail. Against the...

Top 10 liners control 85% of market — and they’re not done yet

The extreme consolidation within the container liner sector is the kind of thing owners of tankers and bulk carriers can only dream of. The latest data from Alphaliner highlights the extent of liner consolidation, how soon the rankings will change, and how newbuilding orders will render the carrier arena even more concentrated than it already is.

The top 10 carriers now operate 85% of global shipping capacity. Four groups — Maersk, MSC, CMA CGM and COSCO — control more than half of capacity...

MSC CEO Calls For Global Approach To R&D And Carbon Pricing

MSC container ship representation

MSC Mediterranean Shipping Company has joined other carriers in reiterating support for a global R&D decarbonisation fund and also in backing a potential worldwide market-based measure that would include carbon pricing.

On top of MSC’s own substantial efforts to boost fleet energy efficiency and trial a range of new fuels and technologies, specific global initiatives are required to help the shipping industry decarbonise, according to MSC CEO Soren Toft:

“Some form of global market-based-measure,...

2M Alliance revises Asia to USWC and Canada schedule

Due to the current challenging market situation impacting port activities, generating congestion and schedule delays across the supply chain, 2M Alliance is planning to adjust the sailing programme on its Transpacific West Coast US & Canada network.

With the schedule’s changes, Mediterranean Shipping Company (MSC), which comprises 2M Alliance with Maersk Line, said it aims to match the actual departure dates from Asia.

Therefore, the Swiss-based container line has announced the revision of the...

Maersk’s Skou suggests US$450/tonne bunker tax, MSC’s Toft backs carbon pricing and decarbonisation R&D fund

Søren Skou, CEO of AP Moller – Maersk, has proposed a carbon tax on ship fuel of at least US$450 per tonne of fuel, which translates to around US$150 per tonne of CO2.

The boss of the Danish giant described it as “a levy to bridge the gap between the fossil fuels consumed by vessels today and greener alternatives that are currently more expensive,” in his LinkedIn post on 2 June.

Two days later, Soren Toft, CEO of the second-largest container line in the world and 2M Alliance Maersk’s partner,...

Hamburg congestion forces 2M Alliance to port rotation changes

2M Alliance of Maersk and MSC has decided to replace the call at the Port of Hamburg with the Port of Bremerhaven on its AE7/Condor service due to the severe congestion issue in Hamburg Eurogate Terminal, which is impacting schedule reliability and causing delays to shipments.

The change will take effect immediately and will last for the next four weeks. “Consequently, all cargo onboard the below-mentioned vessels will be discharged in Bremerhaven port in accordance with clause 19 of our Bill of...

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