The announcement this week that CK Hutchison is selling its 80% stake in Hutchison Ports Holding to a Blackrock-TiL consortium is set to “rocket” Mediterranean Shipping Co (MSC) to the top of Drewry’s Global Terminal Operator (GTO) league table, the UK shipping consultancy has said in an update....
MSC
Trump says US plans tax breaks, investment in shipbuilding
The Trump administration may offer tax breaks as part of a wide-ranging effort to revitalize U.S. shipbuilding and blunt the dominance of China in the global maritime industry.
In a speech Tuesday to a joint session of Congress, President Donald Trump reiterated his support for the latest proposals to resurrect domestic capacity for the national defense and merchant maritime sectors.
Plans include a new office of shipbuilding within the White House, part of a package of proposals included in a...
https://www.freightwaves.com/news/trump-says-us-plans-tax-breaks-investment-in-shipbuilding
MSC-Blackrock agree US$22.8 billion deal for Hutchison Ports international operations
MSC subsidiary Terminal Investment Limited (TiL) and global investment company Blackrock have agreed a US$22.8 billion agreement to acquire the international port and terminal operations of Hong Kong-listed CK Hutchison, the parent company of Hutchison Ports.
In a deal that, when finalised, most likely next year, will see MSC vault to the top of the terminal operators list with a strong presence in key regions in Asia and Europe, and also notably for Trump, two terminals at either end of the...
https://container-news.com/msc-blackrock-hutchison-ports-international-operations/
MSC leads intra-Europe trade as ONE triples market share
Ocean Network Express (ONE) has registered the strongest growth in the intra-Europe market over the past year, according to Alphaliner.
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https://container-news.com/msc-leads-intra-europe-trade-as-one-triples-market-share/
Li Ka-shing steps back from ports, sells to MSC and BlackRock
Li Ka-shing’s CK Hutchison has reached a blockbuster mega deal with BlackRock and Mediterranean Shipping Co (MSC) to sell 80% of its giant ports division for $22.8bn in a record-breaking ports transaction that covers 43 ports comprising 199 berths in 23 countries. With the return of Donald Trump to...
https://splash247.com/li-ka-shing-steps-back-from-ports-sells-to-msc-and-blackrock/
MSC Boss: US Fees on Chinese-Built Ships Will Hit Consumers, Smaller Ports
The head of the world’s biggest ocean carrier warned that proposed US fees on Chinese-built ships and the companies that own them could raise container rates by 25% if imposed.
https://gcaptain.com/msc-boss-us-fees-on-chinese-built-ships-will-hit-consumers-smaller-ports/
After Trump pressure, China sells Panama port terminals to US private equity firm, MSC
In a blockbuster deal that could shift the balance of power in global port operations, a consortium of U.S. private equity firm BlackRock and MSC of Geneva has agreed to purchase the non-Chinese assets of Hong Kong-based subsidiary Hutchison Port Holdings, including terminals at the ports of Balboa and Cristobal in Panama.
The news follows disputed claims by President Donald Trump that the Chinese military was controlling the Panama Canal, and that American vessels were being cheated on transit...
BlackRock-led consortium set to acquire Panama ports
In his January 20 inaugural address, President Donald Trump said that the Panama Canal had been “foolishly given” to Panama. “And above all,” he said, “China is operating the Panama Canal. And we didn’t give it to China. We gave it to Panama, and we’re taking it back.” One of the arguments on which assertions that “China is operating the Panama Canal” is based is that the Panama ports at either end of the canal are operated by subsidiaries of Hong Kong based CK Hutchison Holdings.
That looks set...
https://www.marinelog.com/news/blackrock-led-consortium-set-to-acquire-panama-ports/
Russian strikes hit MSC ship in Odessa
An MSC container vessel was damaged in a Russian missile attack on Ukraine’s Odessa port on 1 March.
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https://container-news.com/russian-strikes-hit-msc-ship-in-odessa/
¿Por qué MSC retira buques megamax del comercio entre Asia y Europa?
En lo que describe como un «movimiento sorpresa», Alphaliner informa que Mediterranean Shipping Co (MSC), la línea de contenedores más grande del mundo, ha decidido cambiar todos sus buques megamax de 19.200 a 24.300 TEU, que actualmente comercian entre Asia y el norte de Europa, a los intercambios...